Press Release

10
Oct2014

Diamante Minerals Names Exploration Veteran Chad Ulansky as Chief Executive Officer

Diamante Minerals Names Exploration Veteran Chad Ulansky as Chief Executive Officer

BOCA ROTAN, FL–(Marketwired – Oct 20, 2014) – Diamante Minerals (OTCBB : DIMN), a natural resources company focused on the diamond sector, today announced that Chad Ulansky has been named Chief Executive Officer and also was elected to the company’s Board of Directors.

A mineral exploration industry veteran with more than two decades of relevant experience, Mr. Ulansky, 40, has led exploration programs in more than 15 countries on four continents, with a particular focus on diamonds. He also currently serves as Chief Executive Officer and a director of Cantex Mine Development Corp., Metalex Ventures Ltd. and Northern Uranium Corp., positions he has held since 2005, 2006 and 2014, respectively. All three companies are listed on the TSX Venture Exchange.

As a geologist by formal training, Mr. Ulansky began his career more than 20 years ago at Dia Met Minerals Ltd., on a project which yielded the Ekati Diamond Mine. He continued working for Dia Met until it was purchased by BHP in 2001, when he joined Cantex and Metalex, initially managing the companies’ global exploration activities.In addition to leading successful programs for Cantex’s metal discoveries in Yemen, he oversaw the discovery and advanced exploration of Metalex’s potential U2 kimberlite in northern Ontario, Canada.

Mr. Ulansky also has served as a director of several other mineral exploration companies, including Valley High Ventures Ltd, Consolidated AGX Resources Ltd. and Arian Resources Corp.

After completing a BSc degree at Simon Fraser University in British Columbia, he completed a second BSc and an Honors degree at the University of Cape Town in South Africa under the tutelage of renowned diamond geologist Dr. John Gurney.

At Diamante, Mr. Ulansky succeeds Robert Faber, who left the company to pursue other interests.

About Diamante
Diamante Minerals, with no current operations, intends to focus on the mining business. The company currently is negotiating terms to acquire up to a 75% interest in the Batovi Diamond Project, located to the north of Paranatinga in Mato Grosso, Brazil, but provides no assurance that such negotiation will be successful. Formerly known as Oconn Industries Corp., the company’s name was changed to Diamante Minerals, Inc. in April 2014.

For more information,
contact:

Roger S. Pondel or Matt Sheldon
PondelWilkinson Inc.
310-279-5980
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