STAR Diamond Announces Appointment of New Director
NEWS RELEASE March 3, 2023
TSX: DIAM Saskatoon, Saskatchewan
STAR DIAMOND ANNOUNCES APPOINTMENT OF NEW DIRECTOR
SASKATOON, Saskatchewan, March 3, 2023 – Star Diamond Corporation (TSX: DIAM)
(“Star Diamond”) is pleased to announce that Marilyn Spink has been appointed as an independent
member of the Board of Directors (the “Board’).
“On behalf of the Board I am pleased to welcome Marilyn to the team. Her experience in managing
multi-disciplinary engineering design teams to deliver complex and high- valued mineral
development projects throughout the world will be a definite asset to the Company,” stated Ewan
Mason, Chair of the Board.
Marilyn serves as a Non -Executive Director on several boards, often in a chairing capacity. In
2020, she was appointed to the board of Avalon Advanced Materials, a public Canadian mineral
development company focused on materials needed for clean energy. Ma rilyn’s appointment
illustrates recognition in the minerals sector of her commitment to sustainable minerals
development through responsible mineral extraction. In 2020, Marilyn was designated as a
Certified Sustainability Practitioner.
Most recently, Ma rilyn completed two three -year term appointments as an Ontario Lieutenant
Governor Appointee (LGA) to Professional Engineers Ontario (PEO) Council, the largest
engineering regulator in Canada with over 90,000 members and was both appointed and elected
as Vice-President. Ms. Spink is also a registered Engineer wit h the Association of Professional
Engineers and Geoscientists of Saskatchewan (APEGS).
About Star Diamond Corporation
Star Diamond is a Canadian -based corporation engaged in the acquisition, exploration and
development of mineral properties. Shares of Star Diamond trade on the Toronto Stock Exchange
under the trading symbol “DIAM”. Star Diamond’s most significant asset is its interest in the
Fort à la Corne property in central Saskatchewan. These kimberlites are located in close proximity
to established infrastructure, including paved highways and the electrical power grid, which
provide significant advantages for future mine development.
For further information, please contact:
Phone: (306) 664-2202
Email: [email protected]
Website www.stardiamondcorp.com
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Caution Regarding Forward-looking Statements
This press release contains "forward -looking statements" and/or "forward -looking information"
(collectively, "forward -looking statements") within the meaning of applicable securities
legislation. All statements, other than statements of historical fact, are forward-looking statements.
Forward-looking statements in this press release include, but are not limited to, Star Diamond’s
assessment of its cost and management structure going forward.
These forward-looking statements are based on Star Diamond's current beliefs as well as
assumptions made by and information currently available to Star Diamond and involve inherent
risks and uncertainties, both general and specific. Risks exist that forward-looking statements will
not be achieved due to a number of factors including, but not limited to, developments in world
diamond markets, changes in diamond prices, risks relating to fluctuations in the Canadian dollar
and other currencies relative to the US dollar, changes in exploration, development or mining plans
due to exploration results and changing budget priorities of Rio Tinto or Star Diamond, the impact
of changes in the laws and regulations regulating mining exploration, development, closure,
judicial or regulatory judgments and legal proceedings, operational and infrastructure risks and the
additional risks described in Star Diamond's most recently filed Annual Information Form, annual
and interim MDA.