NEW YORK, Dec. 3 /PRNewswire-FirstCall/ -- Diamond Discoveries International Corp. (OTCBB: DMDD), a U.S. company focusing on diamonds, precious and base metal exploration in the Canadian province of Quebec, is pleased to announce the hiring of Knight Libertas LLC as an exclusive mergers and acquisitions advisor. In this capacity, Knight Libertas will pursue strategic options for Diamond Discoveries Caribou Properties located near Thetford Mines in Quebec, including identifying and qualifying potential buyers. "We are excited to have Knight Libertas assisting us as we consider options for the Caribou Properties," said Diamond Discoveries CEO Antonio Sciacca. Diamond Discoveries is currently working with Knight Libertas on a detailed memorandum for potential buyers. For more information on Knight Libertas, please go to http://www.knight.com/ourofferings/knightlibertas.asp. About Diamond Discoveries International Corp Diamond Discoveries International Corp. is a U.S. exploration company with executive offices in New York, NY and Toronto, Ontario. Since inception through it's wholly owned subsidiary Diamond Discoveries (Canada) Inc. it has been focused on diamonds, gold and base metal exploration. In June of 2008 Platinum Discoveries Corp (http://www.platinumdiscoveriescorp.com/) also a wholly owned subsidiary of DMDD, received a NI 43-101 technical report on its Caribou Property, Thetford Mines, Quebec. Forward-Looking Statements This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involves risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in company filings with U.S. securities regulatory authorities. Contact: Tim Clemensen Senior Vice President Rubenstein Investor Relations, Inc. http://www.rubensteinpr.com/ 212-843-9337 Dominic Spedaliere LL.B Investor Relations Diamond Discoveries International Corp. http://www.diamonddiscoveries.com/http://www.platinumdiscoveriescorp.com/ (212) 332-8016 (646) 461-1726 DATASOURCE: Diamond Discoveries International Corp. CONTACT: Tim Clemensen, Senior Vice President, Rubenstein Investor Relations, Inc., , http://www.rubensteinpr.com/, (212) 843-9337; Dominic Spedaliere LL.B, Investor Relations, Diamond Discoveries International Corp., , http://www.diamonddiscoveries.com/, http://www.platinumdiscoveriescorp.com/, (212) 332-8016, (646) 461-1726

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