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Black Diamond Group Limited Announces Completion of Share Split

CALGARY, ALBERTA--(Marketwire - Aug. 25, 2011) - Black Diamond Group Limited (TSX:BDI) ("Black Diamond") is pleased to announce that its previously announced two-for-one share split has become effective as at the close of business on August 25, 2011. The common shares of Black Diamond have traded on a split basis on the facilities of the Toronto Stock Exchange since the market open on August 23, 2011. As at the date hereof, after giving effect to the share split, Black Diamond has approximately 37.25 million common shares issued and outstanding.

About Black Diamond

Founded in 2003, Alberta-based Black Diamond Group Limited is a leading provider of temporary and permanent modular building and energy services products. Through its wholly-owned subsidiaries, Black Diamond Limited Partnership, Nortex Modular Leasing and Construction Company and through its 50% equity participation in the Black Diamond Dene Limited Partnership and Black Diamond West Moberly Limited Partnership, Black Diamond operates three complementary divisions in thirteen strategic locations across Canada and USA.

Black Diamond Camps and Logistics rents and sells remote workforce housing and provides associated services; BOXX Modular specializes in renting or selling a broad range of modular work space solutions and Black Diamond Energy Services rents and sells a full complement of oilfield equipment and services. Black Diamond provides world-class services to a full spectrum of industries including oil, gas, mining, power, construction, engineering, military, government and education.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Black Diamond Group Limited
Trevor Haynes
President and Chief Executive Officer
(403) 206-4737
(403) 264-9281 (FAX)

Black Diamond Group Limited
Michael Burnyeat
Vice President, Finance and Chief Financial Officer
(403) 206-4740
(403) 264-9281 (FAX)
www.blackdiamondlimited.com