Black Diamond Group Limited Announces Monthly Dividend Increase

Black Diamond Group Limited Announces Monthly Dividend Increase 
CALGARY, ALBERTA -- (Marketwire) -- 03/12/13 -- Black Diamond Group
Limited ("Black Diamond" or "the Company) (TSX:BDI) is pleased to
announce its Board of Directors has approved a 17 percent increase in
the Company's monthly dividend to $0.07 paid monthly, or $0.84 per
share per year, up from $0.72 per share per year. The increase will
take effect March 2013 for payment to shareholders in April 2013.  
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 seventeen 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. 
Reader Advisory 
Certain information in this news release contains forward-looking
statements including future dividend levels. These forward-looking
statements are subject to numerous risks and uncertainties, certain
of which are beyond Black Diamond's control including, without
limitation, the impact of general economic conditions, industry
conditions, fluctuation of commodity prices, fluctuation of exchange
rates, environmental risks, industry competition, availability of
qualified personnel and management, stock market volatility, timely
and cost effective access to sufficient capital from internal and
external sources. As a consequence, actual results may differ
materially from those anticipated in the forward-looking statements.
Readers are cautioned that the forgoing list of factors is not
exhaustive. Additional information on these and other factors that
could affect Black Diamond's operations and financial results are
included in reports on file with Canadian securities regulatory
authorities and may be accessed through the SEDAR website
( and at Black Diamond's website
( Furthermore, the forward-looking
statements contained in this news release are made as at the date of
this news release and Black Diamond does not undertake any obligation
to update publicly or to revise the forward-looking statements,
whether as a result of new information, future events or otherwise,
except as may be required by applicable securities laws.
Black Diamond Group Limited
Trevor Haynes
President and Chief Executive Officer
(403) 206-4737
(403) 264-9281 (FAX) 
Black Diamond Group Limited
Michael Burnyeat
Executive Vice President and Chief Financial Officer
(403) 206-4740
(403) 264-9281 (FAX)
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