News

April 26, 2006

Sanatana Announces Filing Prospectus for $10 Million Offering and Conditional TSX Venture Listing

Toronto, Ontario, Canada. Wednesday April 26, 2006 -- Sanatana Diamonds Inc. (the "Company") (AIM:SAN) is pleased to announce that it has filed its final long form prospectus on April 19, 2006 with the securities regulators in each of British Columbia, Alberta, Manitoba and Ontario and with the TSX Venture Exchange. The final prospectus relates to a proposed $10 million public offering of flow-through common shares of the Company through the Company's agent Canaccord Capital Corporation on a commercially reasonable efforts basis. Final receipts of the securities regulators in each of British
Columbia, Alberta, Manitoba and Ontario were issued for this final prospectus on April 19, 2006.

The Company has obtained conditional approval to list its common shares on the TSX Venture Exchange. The listing is subject to the Company fulfilling all of the listing requirements of the TSX Venture Exchange, including prescribed distribution and financial requirements.

Company Profile
Sanatana is listed on the London AIM market under the trading symbol "SAN" and is a Canadian diamond exploration and development company with a total of nearly 16 million acres in its Mackenzie Diamond Project area in the Northwest Territories and Nunavut.

Sanatana has identified 8 separate target areas where there are coincident magnetic geophysical anomalies and kimberlite indicator mineral concentrations.

Two areas, namely the Kilekale Lake area and the Colville Lake-Lac Des Bois area are planned for ground geophysical follow up and drilling in the spring of 2006. At Kilekale Lake 12 targets have been identified for drilling out of a camp to be constructed in close proximity to the drill sites.

The spring 2006 program has been estimated by Sanatana to cost approximately $3.5 million.

During the summer 2006 additional till sampling, ground geophysics and drilling will be carried out on the other 6 target areas and on a regional basis throughout the Mackenzie Diamond Project area.