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Dia Bras appoints Mr. J. Alberto Arias to the Board
Montréal, Québec, - November 26, 2008 -
Dia Bras Exploration Inc. (TSX-V: DIB) ) is pleased to announce today the appointment of Mr. J. Alberto Arias to its Board of
Directors. Mr. Alberto Arias has extensive experience in international mining finance.
Mr. Alberto Arias is the founder and President of Arias Resource Capital Management LP. Mr. Arias has
over 15 years of experience in the field of international mining finance, and is widely recognized as an
industry expert, having been ranked for five consecutive years as the #1 equity research analyst for
the metals and mining industry in Latin America by leading polls such as Institutional Investor. Prior to
founding Arias Resource Capital, Mr. Arias worked for eight years at Goldman, Sachs & Co., most
recently acting as Managing Director and Head of Equity Research for metals and mining in the U.S.,
Canada and Latin America. Prior to Goldman Sachs, Mr. Arias worked for 4 years at UBS as Executive
Director and Analyst covering the Latin American metals and mining sector. Mr. Arias has engineering
degrees in mining and metallurgy and an MBA (B.Sc. from the Colorado School of Mines and three
Masters degrees from Columbia University), mining industry operational experience, and holds a
patent for a gold mineral processing technology. He was raised in a family with a three-generation
tradition of founding and managing private mining companies in Peru.
Dr. Thomas L. Robyn, Dia Bras Chairman said: “We are delighted to welcome Mr. J. Alberto Arias to the
Company’s board. His extensive knowledge in mining finance should help strengthen Dia Bras’ links
with international financial markets. “
Additionally, in connection with the recent private placement of the Company, Arias Resource Capital
Fund became an insider. Arias Resource Capital Fund holds 20,356,200 common shares and
9,812,500 warrants representing approximately 15% of the Company outstanding shares non-diluted.
About Dia Bras
Dia Bras is a Canadian exploration mining company focused on precious and base metals in the State of Chihuahua, in northern Mexico. The Company is committed to developing and adding value to its assets – the Bolivar copper-zinc project and the Cusi silver mining camp. The Company trades on the TSX Venture Exchange under the symbol “DIB”.
For further information on Dia Bras visit www.diabras.com or contact:
Daniel Tellechea |
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Nathalie Dion |
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.
Forward-looking statements:
Except for statements of historical fact all statements in this news release without limitation regarding new projects acquisitions future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.