Black Diamond Group Limited announced the approval by its board of directors of an advance notice by-law and the appointment of Marshall McRae to Black Diamond's Board of Directors, effective March 4, 2015. Mr. McRae is currently an independent financial and management consultant with over 30 years of senior operations and financial management experience with a number of publicly traded and private companies spanning the oil and gas, environmental services and retail industries. Mr. McRae was Executive Vice President of the Company until the end of 2014, which followed him serving as Interim Executive Vice President and Chief Financial Officer of the Company.

He is currently a director and the chair of the audit committees of Athabasca Oil Corporation and Gibson Energy Inc.