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Dolat Ventures to Focus on West Africa Mining

2009-11-23 16:45 ET - News Release

NEW YORK, NY -- (MARKET WIRE) -- 11/23/09

Dolat Ventures Inc. (OTCBB: DOLV) announced today that its soon to be acquisition Dove Diamonds & Mining, which intends to sell, market, distribute diamonds, minerals and precious gems in the United States and internationally, may seek to focus on potential mining operations in West Africa's Sierra Leone.

Ahead of the Sierra Leone Trade and Investment Forum in London on November 18th, George Soros released the following statement. "After meeting President Ernest Koroma and other members of the government during my first visit to Freetown in 2007, I came away convinced that Sierra Leone's new government was serious about moving the country forward. "Each subsequent meeting has made me more confident that, despite many challenges, Sierra Leone has significant, unrealized potential and is open for business and investment. "If you look carefully at the real Sierra Leone, it is clear that the country has the genuine potential to become a leading African economy. Opportunities do exist. "The foundations for a prosperous future are being laid in Sierra Leone right now. There is significant opportunity for high future returns on investment. "Investing in and strengthening the economy in Sierra Leone and its neighboring countries is crucial for building open societies in West Africa."

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