Big Red Diamond Corporation

Big Red Diamond Corporation

April 16, 2007 15:06 ET

BRDC : Change in Director

MONTREAL, QUEBEC--(CCNMatthews - April 16, 2007) - Big Red Diamonds Corp. (TSX VENTURE:DIA) wishes to announce that Mr. Kevin Cool resigned as a Director and Officer of the Company, effective March 5, 2007. Mr. Cool, was a founder, Director and Officer of the Company since its incorporation in 1999. The Board wishes to express its gratitude to Mr. Cool for his contribution to the development of the Company and wish him well in his new endeavors.

Pending approval from the TSX-Venture Exchange, Mr. Cool will be replaced on the Board by Mr. Jean-Francois Perrault. Mr. Perrault graduated in 1989 with an MBA from Concordia University. Since June 2004, Mr. Perrault has been Vice-President Corporate Finance, Union Securities Ltd. in Montreal, Qc. Between 1995 and 2004, he held various positions as VP Corporate Finance and Managing Partner successively with Marleau Lemire Securities, TD Capital and Pavillion Capital Partners.

He brings to Big Red Diamond a clear understanding of the Capital Markets, a knowledge of the contemporary regulatory environment in which Public Companies now operate in, and a lengthy experience in the financial services industry.

Currently, Big Red Diamond's Board of Directors consists of the following individuals:

Michael P. Gross

Francois C. Desrosiers

Brian Polk

Benoit M. Violette

Jean-Francois Perrault (pending TSX-V approval)

On behalf of the Board of Directors

Francois C Desrosiers, President

Contact Information

  • Big Red Diamonds Corp.
    Francois C Desrosiers
    514-982-6044, ext 223