Vaaldiam Mining Inc.

TORONTO, ONTARIO -- (Marketwire) -- 10/03/11 -- Vaaldiam Mining Inc. ('Vaaldiam' or 'the Company') (TSX: VAA) reports that it has agreed with its joint venture partners to terminate the March 2011 agreement whereby Vaaldiam increased its interest in the Brauna diamond project from 20% to 51%. In exchange for terminating its liability for