CALGARY, ALBERTA--(Marketwired - April 15, 2015) - Black Diamond Group Limited ("Black Diamond") (TSX:BDI), a leading provider of workforce accommodation and modular workspace solutions, today announced that its board of directors has approved an amendment to its advance notice by-law ("By-law No. 2").
In response to ISS Proxy Advisory Services' review of the business to be presented at the annual and special meeting of Black Diamond shareholders to be held on May 7, 2015 (the "Meeting"), By-law No. 2 was amended to remove the ability for Black Diamond to request certain additional disclosure to assess the eligibility of a proposed nominee to serve as an independent director. The amendment to By-law No. 2 has been filed on SEDAR (www.sedar.com). By-law No. 2, as amended and restated, is subject to the approval of shareholders at the Meeting.
About Black Diamond
Black Diamond rents and sells portable workforce accommodation and work space solutions to business customers in Canada, the United States and Australia. We also provide specialized field rentals to the oil and gas industries of Canada and the United States. In addition, we provide turnkey lodging services, as well as a host of related services that include transportation, installation, dismantling, repairs, maintenance and ancillary field equipment rentals. From twenty locations around the world, we serve multiple sectors including oil and gas, mining, power, construction, engineering, military, government and education.
To sign up for news alerts please go to http://bit.ly/BDI-News or visit www.blackdiamondgroup.com.