Black Diamond Group Limited

Black Diamond Group Limited

January 06, 2014 17:06 ET

Black Diamond Group Limited Expands Its Board of Directors With Appointment of David Olsson

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2014) - Black Diamond Group Limited ("the Company") (TSX:BDI) is pleased to announce the appointment of David Olsson to its Board of Directors effective January 1, 2014.

Based in Melbourne, Australia, Mr. Olsson is an international lawyer with over 30 years' experience in the areas of international capital markets, cross-border investments, and financing of resources and infrastructure projects. Most recently a senior partner of King & Wood Mallesons ("KWM") and now a senior China Practice Consultant to the firm, Mr. Olsson has held a variety of management positions within KWM, including roles as national head of the banking and finance team, partner-in-charge of Melbourne, Hong Kong and Beijing offices, and Managing Partner of the Australian operations. In these roles, Mr. Olsson has advised at the board level on issues relating to regional expansion plans, corporate finance options and market entry strategies for China. Mr. Olsson holds a Bachelor of Laws degree from the Australian National University, Canberra.

"Mr. Olsson's skills and deep understanding of regional and international financial markets and experience building links between business, government and industry bodies in Australia and across Asia will make him an excellent addition to our Board of Directors," said Trevor Haynes, President and CEO of Black Diamond Group Limited. "He has extensive international business development experience and we look forward to working with David as we continue to develop Black Diamond's international portfolio."

About Black Diamond

Founded in 2003, Black Diamond Group Limited is one of the fastest growing remote lodging, modular building and energy services companies worldwide. With its corporate head office located in Calgary, Alberta, Black Diamond provides world-class services to a full spectrum of industries including oil and gas, mining, power, construction, engineering, military, government and education.

Through its direct and indirect wholly-owned subsidiaries and its approximate 50% equity participation in certain aboriginal limited partnerships, Black Diamond operates four complementary business units in nineteen strategic locations across Canada, the United States and Australia.

Black Diamond Structures rents and sells remote workforce housing and modular workspace solutions and provides associated services; Black Diamond Logistics provides turnkey lodging services, remote facility management and supply chain solutions; Black Diamond Energy Services rents and sells a complement of oilfield equipment and services and Black Diamond International rents and sells remote workforce housing and modular workspace solutions and provides associated services outside of North America.

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