For Immediate Release BY RAMELIUS RESOURCES19 January 2010DIORO...

For Immediate Release BY RAMELIUS RESOURCES
19 January 2010

DIORO SHAREHOLDERS LEFT IN LIMBO BY
VAGUE RECOMMENDATION: RAMELIUS

Shareholders in Dioro Exploration NL are being left in limbo by vague
guidance from the Companys independent directors, according to
Dioros second largest Dioro shareholder, Ramelius Resources Limited.
Ramelius Chairman, Mr Robert Kennedy, said a do not accept
statement from Dioros independent directors in relation to the current
offer by Ramelius for all Dioro shares failed to take into account the fact
that the Ramelius offer was the only one open for acceptance.
For instance, the Dioro directors are telling their shareholders that a
proposed new offer for their shares from Avoca Resources may be
superior to the current Ramelius offer, but there is no Avoca offer
currently open for them to accept, Mr Kennedy said.
We find it surprising that the independent directors of Dioro are
advising their Companys shareholders on the relative values of the
Ramelius and Avoca bids when Ramelius is the only company with an
open offer and the merits of the Avoca offer are still subject to the
findings of an independent valuation.
Ramelius which owns 37.1% of Dioros shares currently has an
increased offer open to Dioro shareholders that values Dioro at $1.25
per share.
We urge Dioro shareholders to be aware of would-be, could-be
and what-if recommendations and to make their decisions based on
what is available to them right now, Mr Kennedy said.
As far as the relative value of bids for Dioro is concerned, it is line-ball
at the moment and we urge Dioro shareholders to take the bird in the
hand instead of taking the market risk in waiting for an offer with
uncertain outcomes.

19 January 2010
ISSUED CAPITAL
Ordinary Shares: 290M
Options: 18.45M

DIRECTORS
Chairman:
Robert Kennedy
Non Executive Directors:
Reg Nelson
Kevin Lines
Joe Houldsworth
Chief Executive Officer:
Ian Gordon