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Brazilian Diamonds Ltd.

12:14 PM EST - Brazilian Diamonds Ltd. : that its fiscal year 2006 Canadian GAAP net loss was $2.76 million or $0.02 per share, compared to a Canadian GAAP net loss of $0.8 million or $0.01 per share in the last year. As per the U.S. GAAP, the company reported a net loss of $5.9 million or $0.04 per share, compared to a net loss of $2.82 million or $0.02 per share in the previous year. Brazilian Diamonds Ltd. shares T.BDY are trading off 1.92 percent at $0.26.