CAPITAL STOCK

9 Months Ended

Apr. 30, 2014

Stockholders' Equity Note [Abstract]

CAPITAL STOCK

NOTE 2 -   CAPITAL STOCK

Authorized Stock

Following the Director`s Resolution of March 11, 2014 the Company increased its authorized share capital from 75,000,000 to 300,000,000 common shares, with a par value of $0.001 per share, while changing its name from Oconn Industries Corp. to Diamante Minerals, Inc. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

Share Issuance

Effective March 31, 2014, the Company effected a 4 for 1 forward split on its common stock outstanding in the form of a dividend, under which each stockholder of record on that date received 3 additional shares of the Corporation's $0.001 par value common stock for every one (1) share owned.

Since inception (October 26, 2010), the Company has issued shares of its common stock as follows, retroactively adjusted to give effect to the 4 for 1 forward split:

· On March 10, 2012 the Company issued 26,000,000 shares of common stock at $0.0005 per share for $13,000

· On July 10, 2012, the Company issued 20,800,000 shares of common stock at $0.00125 per share for $26,000

· On February 1, 2014, the Company issued 133,332 shares of common stock at $0.0375 per share for $50,000

There were 46,933,332 and 46,800,000 common shares issued and outstanding at April 30, 2014 and July 31, 2013, respectively.  Of these shares, 26,000,000 were issued to a former officer and director of the Company.

The Company has no stock option plan, warrants or other dilutive securities.