Black Diamond Group Limited Announces Modular Space Solutions Asset Purchase in British Columbia

CALGARY, Alberta, July 02, 2024 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (“Black Diamond” or the “Company”) (TSX: BDI) announces the closing of an asset purchase of 329 space rental units, plus ancillary assets (“Assets”) for $20.45 million in cash, funded through the Company’s existing asset-based lending facility. The Assets are primarily located in Kitimat, British Columbia and are well-suited to service the Company’s broad Western Canadian Modular Space Solutions markets where the Company continues to see healthy demand related to construction and infrastructure.

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