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TSX: DIAM
Star Diamond Company (“Star Diamond” or the “Firm”) is happy to announce the appointment of recent members of the Firm’s management group and their respective roles with impact of 5.30 p.m. on November 20, 2025:
- Wayne Malouf, a Director of Star Diamond Company since August 6, 2025, has right now accepted the function of Chairman
- Krisztian Toth is a newly appointed Director
- Leslie Markow is a newly appointed Director
- Lester Kemp is newly appointed as Interim Chief Govt Officer
- Mark Shimell, previously the Firm’s Vice President Exploration, is appointed Chief Working Officer.
Commenting on the announcement, Wayne Malouf, Chairman of the Board of Star Diamond Company, stated:
“On behalf of the Board, I welcome every of the brand new members of our group to Star Diamond Company. Collectively, the group’s mixed expertise of mining in Canada and the world over will allow the Firm to guage choices for this distinctive, prime quality diamond mission. I’m honored to simply accept the function of Chairman and start by thanking the previous Administrators for his or her previous contributions to the Firm’s Board.”
Commenting on the announcement, Lester Kemp, Interim Chief Govt Officer of Star Diamond Company, stated:
“I’m delighted to hitch the senior management group of Star Diamond Company as Interim Chief Govt Officer. The group shares the identical stage of confidence in the way forward for the Firm, based mostly on the disciplined execution of a transparent plan to capitalise on the chance for worth creation.”
Notes to Editors
Biographies of the Firm’s newly appointed management group members:
Lester Kemp graduated in 1990 with a Grasp’s Diploma from the Royal College of Mines, College of London, and went on to work with GeoScience Restricted in Ascot earlier than working a gold exploration camp in Guyana for Canarc Sources of Canada. After finishing his MBA, Lester labored with varied junior useful resource corporations working all through Africa, Europe and Scandinavia. Lester was a part of Canadian-listed Redaurum Restricted which operated the River Ranch Diamond Mine in Zimbabwe and the Kelsey Lake Diamond Mine within the USA. Lester was co-founder and Managing Director of Mantle Diamonds Restricted which operated two diamond mines in Africa (Lesotho and Botswana). Lester was additionally a Non-Govt Director of Levin Sources, a consultancy and social enterprise firm concerned in advising worldwide shoppers on accountable and sustainable mining.
Krisztian Toth is an skilled mining, capital markets and M&A lawyer and company director. His expertise in mining finance and M&A stretches throughout all jurisdictions and minerals. Krisztian has been acknowledged by numerous authorized publications as a number one lawyer in mining, capital markets, personal fairness and M&A. Krisztian is a companion on the regulation agency of Fasken Martineau, a number one worldwide enterprise regulation and litigation agency with greater than 750 attorneys throughout places of work in Canada, South Africa and the United Kingdom offering experience in additional than 40 follow areas and trade teams. Krisztian is a member of Fasken’s World Mining Group, has been named World Mining Regulation Agency of the Yr for 10 consecutive years – extra occasions than some other regulation agency on this planet.
Leslie Markow is a Canadian CA, CPA, US CPA (Illinois) and a Chartered Director. Presently, she is an unbiased advisor and previously held the place of CFO at public corporations in each Canada and the US. Her expertise contains Company Treasury, Public Reporting, IPO advisory and M&A recommendation involving due diligence, post-merger integration and ongoing investor relations assist.
Mark Shimell is an exploration geologist with over 28 years of worldwide expertise in mineral exploration and 23 years of diamond exploration in Canada. Previous to migrating to Canada to work for Star Diamond Company Mr. Shimell labored for A.C.A Howe Worldwide U.Ok on exploration initiatives inside Europe and Africa. Mr. Shimell graduated from Imperial School London (Royal College of Mines) with a level in Mining Geology in 1995, a Grasp’s diploma in 1998 and is a Skilled Geoscientist within the Province of Saskatchewan.
Warning Concerning Ahead-looking Statements
This press launch accommodates “forward-looking statements” and/or “forward-looking info” (collectively, “forward-looking statements”) inside the which means of relevant securities laws. Usually, these forward-looking statements might be recognized by means of forward-looking terminology corresponding to “plans”, “expects” or “doesn’t anticipate”, “is predicted”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate” or “believes”, or the adverse connotation thereof or variations of such phrases and phrases or state that sure actions, occasions or outcomes, “might”, “might”, “would”, “will”, “would possibly” or “shall be taken”, “happen” or “be achieved” or the adverse connotation thereof. All statements, apart from statements of historic reality, are forward-looking statements.
These forward-looking statements are based mostly on Star Diamond’s present beliefs in addition to assumptions made by and knowledge at present out there to Star Diamond and contain inherent dangers and uncertainties, each normal and particular. Dangers exist that forward-looking statements is not going to be achieved as a consequence of numerous elements together with, however not restricted to, the Firm’s capability to acquire financing to additional the exploration, analysis
and/or improvement of exploration and analysis properties during which the Firm holds curiosity, the financial feasibility of any future improvement initiatives, developments in world diamond markets, adjustments in diamond costs, dangers regarding fluctuations within the Canadian greenback and different currencies relative to the US greenback, the influence of adjustments within the legal guidelines and laws regulating mining exploration, improvement, closure, judicial or regulatory judgments and authorized proceedings, operational and infrastructure dangers and the extra dangers described in Star Diamond’s most just lately filed Annual Data Type, and annual and interim MDA.
Though the Firm has tried to determine necessary elements that might trigger precise outcomes to vary materially from these contained in forward-looking statements, there could also be different elements that trigger outcomes to not be as anticipated, estimated or meant. There might be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. As well as, forward-looking statements are offered solely for the aim of offering details about administration’s present expectations and plans and permitting traders and others to get a greater understanding of our working atmosphere. Accordingly, readers mustn’t place undue reliance on forward-looking statements.
Ahead-looking statements on this information launch are made as of the date hereof and Star Diamond assumes no obligation to replace any forward- wanting statements, besides as required by relevant legal guidelines.
SOURCE Star Diamond Company
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