Black Diamond Group enters partnership with Beaver Lake cree nation

Friday, Jun 15, 2012

Black Diamond Group Limited ("Black Diamond" or the "Company") (TSX:BDI), a leading provider of remote lodging, modular building and energy services in North America announced today that it has entered into an exclusive partnership agreement with the Beaver Lake Cree Nation (BLCN) near Lac La Biche, AB called Black Diamond Nehiyawak.

The partnership will address oilsands activity and other resource developments in the BLCN territory in northeastern Alberta.

"In the spirit of working together, Black Diamond's partnership with the Beaver Lake Cree Nation will provide the foundation for many long-term, successful projects," said Trevor Haynes, President and Chief Executive Officer, Black Diamond Group. "Together we intend to create business and employment opportunities that will have mutually beneficial impact for Black Diamond Group, the Beaver Lake Cree community and its people and to resource producers in the region."

Since 2009, Black Diamond Group Limited has been committed to working collaboratively and effectively with Aboriginal partners in the regions they conduct business. This is the third exclusive Aboriginal partnership Black Diamond has entered into, designed to provide sustainable, long-term benefit to the Aboriginal communities.

"This is a new step and a big step for Beaver Lake Cree Nation," said Chief Henry Gladue. "We are extremely excited about the potential for Black Diamond Nehiyawak."

About Black Diamond

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

Source: Marketwire