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Press release from Marketwire

Black Diamond Dene Awarded Outstanding Achievement Award by the BC Achievement Foundation

Wednesday, November 30, 2011

Black Diamond Dene Awarded Outstanding Achievement Award by the BC Achievement Foundation17:01 EST Wednesday, November 30, 2011CALGARY, ALBERTA--(Marketwire - Nov. 30, 2011) - Black Diamond Group Limited ("Black Diamond" or "the Company) (TSX:BDI) is pleased to announce the Black Diamond Dene L.P. will be recognized with an Outstanding Achievement Award for Joint Venture Business of the Year at the third annual BC Aboriginal Business Awards in Vancouver, BC on December 1, 2011.Black Diamond Dene L.P. is an equity-based partnership between the Fort Nelson First Nation (the "Nation") and Black Diamond Group Limited, structured to provide customers in the Horn River Basin with quality, competitively-priced products while allowing the Fort Nelson First Nation an opportunity to participate and benefit in the development of their traditional lands. The 50/50 equity partnership was formed in 2009 and is focused on revenue generation and the building of community capacity by providing a steady revenue stream to the Nation and ownership in assets that will have long-lasting economic benefits to the community. "Our partnership with the Fort Nelson First Nation has accomplished a great deal in a short period of time," said Trevor Haynes, President and CEO of Black Diamond Group Limited. "We have significant long-range plans for this business relationship and view the Fort Nelson First Nation as an essential partner in the success of our company." The BC Aboriginal Business Awards were launched in 2008 to honour and celebrate business excellence. The awards are presented by the BC Achievement Foundation in partnership with the Ministry of Aboriginal Relations and Reconciliation, and supported by New Relationship Trust, BC Hydro, Teck, Encana and Spectra Energy. About Black Diamond Founded in 2003, Alberta-based Black Diamond Group Limited is a leading provider of temporary and permanent modular building and energy services products. Through its wholly-owned subsidiaries, Black Diamond Limited Partnership, Nortex Modular Leasing and Construction Company and through its 50% equity participation in the Black Diamond Dene Limited Partnership and Black Diamond West Moberly Limited Partnership, Black Diamond operates three complementary divisions in thirteen strategic locations across Canada and USA. Black Diamond Camps and Logistics rents and sells remote workforce housing and provides associated services; BOXX Modular specializes in renting or selling a broad range of modular work space solutions and Black Diamond Energy Services rents and sells a full complement of oilfield equipment and services. Black Diamond provides world-class services to a full spectrum of industries including oil, gas, mining, power, construction, engineering, military, government and education. FOR FURTHER INFORMATION PLEASE CONTACT: Trevor HaynesBlack Diamond Group LimitedPresident and Chief Executive Officer(403) 206-4737(403) 264-9281 (FAX)ORMichael BurnyeatBlack Diamond Group LimitedVice President, Finance and Chief Financial Officer(403) 206-4740(403) 264-9281 (FAX)www.blackdiamondlimited.com