BLACK DIAMOND GROUP LTD.

BLACK DIAMOND GROUP LTD.

Previous company name
BLACK DIAMOND INCOME FUND
Name change date
1/6/2010
Company Overview
Black Diamond Income Fund is an unincorporated open ended investment trust governed by the laws of the Province of Alberta in Canada. The principal undertaking of the Fund, through its indirect wholly-owned subsidiary, Black Diamond Limited Partnership, is to rent modular structures for use as workforce accommodation and temporary workspace, and to provide complementary services including transportation, installation, dismantling, repair and maintenance of modular structures, as well as related services through three operating divisions consisting of Black Diamond Camps, Boxx Modular and Black Diamond Site Services.
Black Diamond Camps is one of the fastest growing suppliers of workforce camps in Western Canada. Black Diamond Camps provides high quality, cost-effective workforce accommodation solutions to a diversified client base. Its products include large dormitories, kitchen/diner complexes, recreation facilities, drill camps, completions camps, freestanding sleepers, geologist/engineer quarters, and staff quarters.
Boxx Modular offers temporary modular workspace and storage solutions from locations in Edmonton and Calgary, Alberta and St. Catharines, Ontario. Boxx Modular has one of the fastest growing rental fleets in Canada. Our products include “single wide” office units, guard kiosks, storage units, office complexes, training (classroom) facilities, and custom manufactured structures.
Black Diamond Site Services provides services for the installation, dismantle, repair and renovation of modular buildings in Alberta and Northeastern B.C. With its fleet of service trucks, Black Diamond Site Services delivers call-out repair and maintenance services to remote sites.
Business Summary
The Fund is an unincorporated open ended investment trust which through its indirect wholly-owned subsidiary, Black Diamond Limited Partnership, rents modular structures for use as a workforce accommodation and temporary workspace.
Description and history
Black Diamond Income Fund is an unincorporated open ended investment trust governed by the laws of the Province of Alberta. The principal undertaking of the Fund, through its indirect wholly-owned subsidiary, Black Diamond Limited Partnership, is to rent modular structures for use as a workforce accommodation and temporary workspace, and to provide complementary services including transportation, installation, dismantling, repair and maintenance of modular structures, as well as related services through three operating divisions consisting of Black Diamond Camps, BOXX Modular and Black Diamond Site Services.

The Company was formed on August 16, 2006 and began trading on the Toronto Stock Exchange on September 25, 2006.

According to Marketwire on Dec 17 2009, Black Diamond Income Fund Announces Unitholder and Court Approvals of Plan of Arrangement
CALGARY, ALBERTA – Black Diamond Income Fund (‘Black Diamond’ or the ‘Fund’) (TSX:BDI.UN) is pleased to announce that Black Diamond received today unitholder and court approvals for the previously announced plan of arrangement pursuant to which Black Diamond will convert (the ‘Conversion’) into a dividend paying company to be named ‘Black Diamond Group Limited’. Unitholders of Black Diamond voted in excess of 78% in favour of the Conversion. The Conversion is expected to become effective on December 31, 2009.

In addition, Black Diamond announced today that its common shares will commence trading on the Toronto Stock Exchange on January 6, 2010 under the new trading symbol ‘BDI’. The trust units of the predecessor entity, Black Diamond Income Fund, will be delisted at this time.

Business Line
An unincorporated open ended investment trust governed by the laws of the Province of Alberta in Canada
Subsidiary
NORTEX MODULAR LEASING AND CONSTRUCTION COMPANY
Advisor
ERNST & YOUNG LLP
IPO date
9/25/2006
US SIC Code
1382
Company Address
Suite 2000
715, 5th Avenue SW
City province or state postal code
T2P 2X6, CALGARY, AB
Phone: +1 4032064747
Fax: +1 4032649281
Country address: CANADA
Website url: www.blackdiamondleasing.com