CALGARY, Albert, March 08, 2018 (GLOBE NEWSWIRE) -- Black Diamond Group Limited ("Black Diamond" or the "Company") (TSX:BDI), a leading provider of modular workspace solutions and workforce accommodation, today announced the approval by its board of directors (the "Board") of the appointment of Edward H. Kernaghan to the Board.
“We are pleased to have Ed Kernaghan join our Board,” said Trevor Haynes, Chairman and CEO of Black Diamond. “Mr Kernaghan brings extensive financial, governance and capital markets experience that is complementary to our current Board composition and I am confident that he will be a valuable asset to our Company and its shareholders.”
Mr. Kernaghan commented, “I am excited to start working with Management and the Board of Black Diamond. As a significant shareholder, I believe the Company has a bright future and I look forward to providing support in pursuing the Company’s existing strategy.”
Based in Toronto, Ontario, Mr. Kernaghan has over 15 years of experience in the financial services business. He held the position of Executive Vice President at Kernaghan Securities, a firm he started along with his father, Ted Kernaghan, in 2001. He is currently a partner at Kernaghan & Partners and is President of Kernwood Limited which, together with family members, owns over 9 million shares of Black Diamond. He also currently serves on the board of five other TSX listed companies. Mr. Kernaghan is a graduate of the University of Toronto with a Master of Science in Theoretical Physics, and he has a Bachelor of Science, Honors degree from Queens University.
About Black Diamond Group
Black Diamond rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. We also provide specialized field rentals to the oil and gas industries of Canada and the United States. In addition, we provide turnkey lodging services, as well as a host of related services that include transportation, installation, dismantling, repairs, maintenance and ancillary field equipment rentals. From twenty-two locations, we serve multiple sectors including oil and gas, mining, power, construction, engineering, military, government and education.
Black Diamond has two core business units: Workforce Solutions and Modular Space Solutions. Learn more at www.blackdiamondgroup.com.
For investor inquiries please contact:
Keenan Killackey
587-293-3410
kkillackey@blackdiamondgroup.com
