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China Diamond Corp. Announces Incentive Stock Options Granted.


LONDON London, city, Canada
London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826.
 -- China Diamond Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:CDC See Control Data, century date change and Back Orifice.

CDC - Control Data Corporation
) announces that it has granted a total of 9,250,000 incentive stock options to directors, officers, employees and consultants under the terms of its Stock Option Plan approved at its October October: see month.  22, 2003 shareholders meeting.

A total of 250,000 incentive stock options have been granted effective November November: see month.  2, 2004 at an exercise price of $0.12 per share. The options have a five year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of eighteen months.

A total of 7,500,000 incentive stock options have been granted effective November 8, 2004 at an exercise price of $0.12 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of eighteen months.

A total of 1,500,000 incentive stock options have been granted effective November 30, 2004 at an exercise price of $0.12 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of eighteen months.

The grants of these options are subject to their acceptance for filing with the TSX-Venture Exchange.

ABOUT CHINA DIAMOND CORP.

Headquartered in London, Ontario, China Diamond Corp. (www.chinadiamondcorp.com) is a resource company engaged in mining for diamonds and the exploration and advancement of diamond and gold prospects in China. The Company trades on the TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 under the symbol "CDC."

THE TSX VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE CONTENTS AND HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENT OF THIS NEWS RELEASE.

China Diamond Corporation (TSX VENTURE:CDC)
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 30, 2004
Words:307
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