Dolat Ventures Reports on the Diamond Rush
August 16 2012 - 7:00AM
Marketwired
Dolat Ventures Inc. (OTCBB: DOLV) an exploration diamond
development company focused on West Africa, is pleased to report
that CNBC's "THE DIAMOND RUSH" will premiere on August 27, 2012
featuring CNBC's Bob Pisani travelling to Africa
(http://video.cnbc.com/gallery/?video=3000104339).
The Company believes that investors may be setting their sights
on diamonds as the next investment commodity to rival gold.
Diamonds are in peak demand and producers are spending more money,
and digging even deeper to pull rare diamonds from the earth. Dolat
believes all the effort and the expense will pay off and diamond
investing may be the next big thing.
Dovid Hauck, President of Dolat Ventures, stated, "I am planning
to return to Sierra Leone within the next quarter to implement and
maintain our local operations ensuring a steady production stream
of diamonds and potential gold. The Company is dedicated to a
social investment strategy in Sierra Leone and is in the process of
its plans to help create local employment opportunities and
encourage social development through green energy and water
projects.
About Dolat Ventures Inc. (OTCBB: DOLV) www.dove-diamonds.com
Dolat Ventures Inc., through its wholly owned subsidiary Dove
Diamonds & Mining, intends to sell, market, cut and distribute
its diamonds and gems around the world. Dolat's Mining is located
in the Sewa River, in the heart of Sierra Leone, West Africa,
formed by the junction of the Bagbe and Bafi rivers; it flows 150
mi (240 km) to join the Waanje River and form the Kittam, which
empties into the Atlantic Ocean. The country's most important
commercial river, it has historically produced the bulk of Sierra
Leone's diamond exports. The company intends to wholesale its rough
and uncut diamonds globally.
Forward-Looking Statements This press release may contain
certain forward-looking statements within the meaning of Section
27A of the Securities and Exchange Act of 1933, as amended, and
Section 21E of the Securities and Exchange Act of 1934, as amended,
and such Forward Looking Statements are intended to be covered by
the safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties. All
statements other than statements of historical fact in this
announcement are forward-looking statements, including but not
limited to the viability of the company's business plans, the
effect of acquisitions on our profitability, the effectiveness,
profitability, and the marketability of the Company's products; the
Company's ability to protect its proprietary information; general
economic and business conditions; the volatility of the company's
operating results and financial condition; and other risks detailed
in the Company's filings with the Securities and Exchange
Commission.
These forward-looking statements involve known and unknown risks
and uncertainties and are based on current expectations,
assumptions, estimates and projections about the company and the
industry. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or to changes in its expectations, except as may
be required by law. Although the company believes that the
expectations expressed in these forward-looking statements are
reasonable, management cannot assure the public that their
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results.
Dovid Hauck President TEL 212-502-6657 FAX 212-501-2077 EMAIL
info@dove-diamonds.com
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