| August 03, 2007 Grant Of Stock Options | |
| Toronto, Canada -- August 3, 2007 -- BRC Diamond Corporation ("BRC" or the "Company") (TSX.V - "BRC") announces that it has granted, pursuant to the terms of the Company's stock option plan, 230,000 stock options, each such stock option entitling the holder to purchase one common share of the Company at a price of Cdn$8.00 for a period of five years. BRC is a Canadian-based diamond exploration company focused principally in the Democratic Republic of the Congo (the "DRC"). Led by a management team with extensive experience in the DRC, the Company is active in some of the most prospective diamond regions of the country. Banro Corporation, the Company's largest shareholder with a 27.5% interest in BRC, is a mineral exploration company focused exclusively on the DRC. For further information, please contact Arnold T. Kondrat, Executive Vice President, or Martin D. Jones, Vice President, Corporate Development, at (416) 366-2221. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release. | |
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