TORONTO, ONTARIO -- (Marketwire) -- 06/29/09 -- Three creditors have issued a petition against Archangel Diamond Corporation (TSX: AAD) under Chapter 7 of the US Bankruptcy Code in Colorado.CAUTIONARY NOTE TO SHAREHOLDERS CONCERNING FORWARD LOOKING STATEMENTS AND FINANCIAL PROJECTIONS - This news release contains "forward-looking statements", within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the outcome of future negotiations, completion of the Transaction, execution of definitive agreements, exercise of future call rights, success of financing activities, identification or upgrade of mineral resources, requirements for additional capital, government
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