Five STAR Diamonds Limited Announces Board Changes
FIVE STAR DIAMONDS LIMITED ANNOUNCES BOARD CHANGES
Five Star Diamonds Limited (TSX-V: STAR) (the ‘Company” or “Fiv e Star”) is very pleased to
announce the appointment of Ms Solongo Gunsendorj to the Compan y’s Board as a Director with
immediate effect.
Ms Gunsendorj is a Mongolian National with considerable experience in the resources sector across
a range of commodities including copper, gold, coal, iron and h ydrocarbons. Ms Gunsendorj is an
executive at boutique Mongolian investment firm Garrison Capital Development (GCD). GCD is an
established and successful venture capital firm that specialize s in marketing and acquiring
exploration and development asse ts, in the resource sector, and managing these as sets through the
developmental stages onto pr oduction. Ms Gunse ndorj currently a cts as an advisor and executive
assistant to the Chairman of Steppe Gold, a Mongolian precious metals company listed on the TSX.
Prior to joining GCD, Ms Gunsendorj was Head of Property Manage ment at Mongolian Properties
LLC. Mongolian Properties LLC is one of the leading real estate developers in Mongolia. Ms
Gunsendorj graduated from Columbia College in Denver, Colorado with Bachelor of Science in
Business Administration and is fluent in English and Mongolian.
Ms Gunsendorj’s expertise and networks will make her an invalua ble asset for the future progress
and growth of the Company and we welcome her to the Board of the Company.
The Company also wishes to announce resignations of Mr. Aneel W araich and Mr. Nicholas Pike
from the Board of Directors.
The Company would like to thank Mr Waraich and Mr. Pike for the ir considerable time, services,
and for the valuable contributions made during their tenure as directors.
On behalf of the Board
Matthew Wood
Chairman
Five Star Diamonds Limited
About Five Star Diamonds Limited
Five Star is a company incorporated under the Business Corporations Act (British Columbia) and its
common shares are listed on the TSXV under the ticker symbol STAR. Five Star has been engaged
in the identification, exploration and development of diamond properties in Brazil.
Five Star owns six diamond projects (the “Diamond Projects”) in Brazil comprising an aggregate of
6 exploration licenses and appl ications across 7,786 hectares. To date, Five Star has conducted
exploration programs on each of the projects with the Catalao, Verissimo, Riachao, Jaibaras and
Maravilha projects showing diamond bearing kimberlites. The Com pany is focused on the
development of sustainable kimberlite pipes and is not involved in alluvial diamond mining with its
associated environmental issues.
For further information, contact:
Five Star Diamonds Ltd.
Matthew Wood, President and CEO
+1.647.981.1703
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DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RE SPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.