NEWS RELEASE.

August 15, 2013: Montreal, Quebec – Stornoway Diamond Corporation (Stock Profile – TSX:SWY) announce the appointment of Mr. Hume Kyle to the Board of Directors, effective immediately.  Mr. Kyle is the Executive Vice President and Chief Financial Officer of Dundee Precious Metals Inc.

Mr. Ebe Scherkus, the Chair of Stornoway’s Board of Directors commented: “We are very pleased to welcome Hume to the Stornoway board. Hume’s extensive financial experience in the resource capital markets and in the operation of large scale natural resource businesses will greatly benefit the company as we move forward with the next stage of our evolution, the development of the Renard Diamond Project.”

Mr. Hume has a broad range of financial expertise and business experience spanning over 25 years in both the public and private sectors. Prior to joining Dundee Precious Metals in June 2011, Mr. Kyle held increasingly senior financial executive positions in a number of large, publicly traded, multinational energy and natural resource businesses, including TransAlta Corporation,  Fort Chicago Energy Partners L.P., Nexfor Inc., and Noranda Inc.

Mr. Kyle is a Chartered Accountant and Chartered Financial Analyst and holds a Bachelor of Arts degree in economics and accounting from the University of Western Ontario and a Graduate Diploma in accounting from McGill University. He has served on a number of corporate and industry boards and has been an active supporter of local organizations, including the United Way.

To learn more about Stornoway Diamonds – CLICK HERE.

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