Mr. Toby LaBrie reports

BLACK DIAMOND GROUP ANNOUNCES EXPANSION OF ASSET-BASED CREDIT FACILITY

Black Diamond Group Ltd. has expanded its secured, asset-based, revolving credit facility.

The facility is being upsized to $550-million from $425-million, with the uncommitted accordion of $75-million remaining as is. The interest rate pricing grid is also unchanged, and all other major terms and conditions of the facility, including financial covenants, are carried forward and not materially affected by the expansion.

"Upsizing our asset-based credit facility provides us with additional liquidity to continue pursuing our accretive growth objectives as we scale the business," said Toby LaBrie, chief financial officer of Black Diamond. "Further, the established relationships and strong support from our syndicate of lenders is appreciated and underscores the shared confidence in the strength of the company and the opportunities ahead."

About Black Diamond Group Ltd.

Black Diamond is an industrial services and asset management company with two operating business units -- Modular Space Solutions (MSS) and Workforce Solutions (WFS). Black Diamond operates in Canada, the United States and Australia.

MS,S through its principal brands Boxx Modular, CLM and Schiavi, owns a large rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial and government sectors.

WFS, through its principal brands Black Diamond Lodging and Accommodations, Royal Camp and Summit Camps, and Primco Dene Royal Camp Services Limited Partnership, owns a large rental fleet of modular accommodation assets of various types and offers a full range of catering and hospitality services both in concert with and independent of the provision of modular accommodation facilities. WFS rents, sells, services and provides ancillary products and services including turnkey operated camps with premium integrated catering and hospitality services to a wide array of customers in the resource, infrastructure, construction, disaster recovery and education sectors.

In addition, the WFS business unit also includes the corporation's wholly owned subsidiary, LodgeLink, which operates through a proprietary software platform, offering sophisticated solutions for work force travel and logistics across North America, Australia and the Asia-Pacific region, enabling customers to efficiently manage the full travel cycle through a rapidly growing network of hotels, remote lodges and travel partners. LodgeLink solves the unique challenges associated with work force crew travel and is complemented by Spencer Corporate Travel's high-touch boutique corporate travel management service.

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