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Consolidated Global Diamond Corp. Retains Cronus Capital Markets for Strategic Consulting

(EMAILWIRE.COM, July 04, 2007 ) New York, NY -- Consolidated Global Diamond Corp. (TSX.V: CK) has retained CCM Consulting, a division of Cronus Capital Markets (CCM) Inc., to assist the company with information-based strategies to increase public awareness and overall liquidity.The services to be provided by CCM will include arrangement and coordination of research coverage through CCM Research, a division of Cronus Capital Markets, as well as distribution and dissemination of research reports. Consolidated Global Diamond Corp. will be paying $30,000 for these services over the next 12 months.There is no prior relationship between Consolidated Global Diamond Corp. and CCM, nor is there any prior direct or indirect interest in Consolidated Global Diamond Corp. or its securities, or any right to acquire such an interest, on the part of CCM. ABOUT CONSOLIDATED GLOBAL DIAMOND CORP.Listed on the TSX - Venture Exchange, symbol CK, Consolidated Global Diamond Corp. is one of the larger landholders in the Lac de Gras diamond mining district . The landholdings include approximately 380,000 acres which have significant drill targets and have been permitted for drilling. The diamond mines in the Lac de Gras mining district make Canada the world’s third largest diamond producer by value. More information can be found at ABOUT CRONUS CAPITAL MARKETSCronus Capital Markets (, with offices in Toronto and New York, assists companies in a wide variety of industries and emerging growth sectors, creates and executes information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies such as share illiquidity, poor access to funding and stagnant market presence. The head office of Cronus Capital Markets is located at Suite 206, 116 Spadina Avenue, Toronto, Ontario M5V 2K6. The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.SOURCE: Cronus Capital MarketsDianne RudderhamProgram DirectorT: 416-368-3700 ext 223E: press release was issued through GroupWeb For more information on press release distribution, go to

Dianne Rudderham


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