Black Diamond Group Limited Announces February Dividend


CALGARY, AB--(Marketwired - February 16, 2017) - Black Diamond Group Limited ("Black Diamond" or the "Company") (TSX: BDI), a leading provider of workforce accommodation and modular workspace solutions, today declared a dividend of $0.025 per share to be paid on March 15, 2017 to shareholders of record on February 28, 2017. The ex-dividend date is February 24, 2017. This dividend is an 'eligible dividend' for Canadian income tax purposes.

On December 19, 2016 Black Diamond announced the implementation of a Dividend Reinvestment Plan ("DRIP"). The DRIP provides the option for eligible shareholders to have their cash dividends reinvested into additional common shares at a discount rate of 3%. For information on the plan, including eligibility and enrolment please visit www.blackdiamondgroup.com/investor-centre/stock-dividend/.

About Black Diamond

Black Diamond Group provides workforce accommodation, modular buildings, energy services, and full turnkey lodging and major project solutions including planning and Management, logistics, and catering to customers in Canada, the United States and Australia. We serve diverse sectors including oil and gas, mining, power, construction, engineering, military, government, and education.

Black Diamond has four core business units: Black Diamond Camps & Lodging, BOXX Modular, Black Diamond Energy Services, and Black Diamond International. Learn more at: www.blackdiamondgroup.com.

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Contact Information:

For investor inquiries please contact:
Randel Madell
587-233-7462
rmadell@blackdiamondgroup.com

For media inquiries please contact:
Elaine Mazurick
587-233-7461
emazurick@blackdiamondgroup.com