June 5 (Reuters) - Diamcor Mining Inc DMI.V :
* Diamcor announces private placement
* Diamcor Mining Inc- proceeds from offering will be used to strengthen company's balance sheet through reduction of its remaining debt facilities
* Diamcor Mining Inc - intends to complete a non-brokered private placement financing of up to 3.5 million at a price of cdn$0.85 per unit Source text for Eikon: ID:nCNWzSbf1a Further company coverage: DMI.V