PATRICIAN DIAMONDS INC. (TSX-V: PXC) $300,000 PRIVATE PLACEMENT

Ottawa, ON: Robin Dow, Chair and CEO of Patrician Diamonds Inc. ("PXC") announced today that subject to the approval of the TSX-Venture Exchange, Patrician plans to issue up to 3,000,000 non-brokered units at a price of $0.10 per unit. Each unit is comprised of either one common share or one flow through share, and one common share purchase warrant, exercisable at $0.15 into one common share or one flow through common share to 1 August 2009. The funds are to top up Patricianfs cash position to over $1 million, prior to drilling the Sahtu claims in the Northwest Territories and for other projects.