Diversified Resources Inc. (OTCPK:DDRI) announced a private placement for gross proceed of $5,000,000 on July 18, 2014. The company will issue common stock as securities in the transaction. The company will issue the securities pursuant to exemption provided under Regulation D. The minimum investment accepted from any outside investor is $1,000.

The company will pay sales commission of $600,000 includes 2% expense allowance in the transaction.