Ditem seeks financing

Ditem Explorations (DIT-M) has made a private offering consisting of 500 units priced at $1,000 apiece. Each unit consists of 333 flow-through shares priced at $2.40 each; 84 common shares at $2.40 each; and 417 warrants entitling the holder to buy one share at $3.15 before June 30, 1999.

Proceeds will be used at the Otish Mountain diamond project in Quebec.

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