Star Diamond Corporation ("Star Diamond" or the "Company") announced the following management appointments, effective August 1, 2023: George Read has been appointed Senior Vice President Corporate Development. In this role George will be responsible for the furtherance of the Company's interests in the Fort la Corne and Buffalo Hills projects in Saskatchewan and Alberta, respectively. In addition, George will also assume responsibility for all incoming corporate development opportunities.

George recently provided consulting services to the Company in the role of Senior Technical Advisor on a part-time basis. Mr.Read has over 39 years of experience in the diamond industry including a stint as Senior Vice President Exploration and Development at Star Diamond from October 2003 to September 2020. Mark Shimell has been appointed Vice President Exploration.

In this role Mark will be responsible for coordinating all technical work as it pertains to the evolution of the Fort la Corne and Buffalo Hills projects. Mark has worked with Star Diamond since 2000, initially as a geological consultant and later in the role of Project Manager for the Fort la Corne and Buffalo Hills properties. Mark has worked as a geologist in mineral exploration and evaluation, both internationally and in Canada, for over 27 years.