Convertible Debenture extension
07-30-2009
Diversified Industries Ltd. (“Diversified” or the “Company’) (DVS/TSX-V)
announces the closing of the TSX Venture accepted amendment to the Convertible
debenture from June 9, 2009. The amendment extends the debenture for another two
years, capitalizes the previous interest due for the amended total of $673,773 and
changes the conversion price from $0.30 to $0.09 per share.

Diversified and CFR President / CEO Darren Lamothe commented: “We are
pleased that the debenture holders support our operations and growth plans and have
agreed to the amendment. By extending the repayment due date, this allows our grow
plans to continue in these slower economic times and build more market share through
expanded service locations, increased product offering and added sales people.”

For more information visit www.dvsind.com or www.cfrchemicals.com

On behalf of the Board of Directors:
"Darren J. Lamothe"
_____________________________
Darren J. Lamothe, President/CEO
For investor information, please contact;
Darren Lamothe, President/CEO e-mail: dlamothe@cfrchemicals.com
Tomas Marshall, CFO e-mail : tmarshall@cfrchemicals.com
Phone: (403) 346-2149
Parkland Mall, Suite 915
4747 – 67th Street
Red Deer, AB T4N 6H3
Statements made in this news release that relate to future plans, expectations, events or
performances are forward-looking statements. Such statements involve risks and uncertainties
and are based on current expectations. Consequently, actual results could differ materially from
the expectations expressed in these forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.

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