CORRECTION FROM SOURCE: Black Diamond Group Increases Credit Facility and Achieves Greater Covenant Flexibility
June 25 2015
CALGARY, ALBERTA--(Marketwired - June 25, 2015) - A correction from source has been issued by Black Diamond Group Limited ("Black Diamond") (TSX:BDI) for the news release issued at 12:53 PM ET on June 18, 2015 that incorrectly stated Excess Cash Flow for the twelve months ended March 31, 2015 as $92.9 million. The correct value for Excess Cash Flow for the twelve months ended March 31, 2015 is $85.8 million.
About Black Diamond
Black Diamond rents and sells portable workforce accommodation and work space solutions to business customers in Canada, the United States and Australia. We also provide specialized field rentals to the oil and gas industries of Canada and the United States. In addition, we provide turnkey lodging services, as well as a host of related services that include transportation, installation, dismantling, repairs, maintenance and ancillary field equipment rentals. From twenty locations around the world, we serve multiple sectors including oil and gas, mining, power, construction, engineering, military, government and education.