VANCOUVER, B.C., March 20, 2003 (PRIMEZONE) -- The Company (TSX Venture Exchange:TMI) (OTCBB:TMIGF) reports that it has completed a private placement of two non-arm's length loans totalling $2,300,000 upon the terms set out in our news release dated February 4, 2003.
Trivalence Mining Corporation is a publicly traded company with two producing diamond mines located in the Republic of Guinea, West Africa, and in the Republic of South Africa. In addition to its mining operations, the Company has an advanced kimberlite exploration programs currently underway in the Republic of Botswana. Exploration of the Botswana property is being conducted by the Company's joint venture participant, Tinto Botswana Exploration Pty Limited.
Waseem Rahman Director
For further information, contact: Omair Choudhry, Phone: (604) 684-2401, Toll Free: 1-888-273-3671, Website: www.trivalence.com, Facsimile: (604) 684-2407, Email: tmi@trivalence.com
The Company relies upon litigation protection for "forward-looking" statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this Release.