Black Diamond Establishes Alberta Energy Corporation

Black Diamond Brands Corp. announce that it has established an Alberta energy exploration corporation – Point Grey Energy Inc., and has appointed Mr. Scott Henderson; Director and Chief Operating Officer of the new subsidiary.

Scott Henderson, the founder of Trojan Energy Inc., has extensive experience in the oil & gas industry particularly in Alberta, where his prior experience and contacts will be invaluable as the Company expands this new division. Mr. Henderson brings to the Company an impressive 18 year track record with mid-sized Canadian energy companies including Northrock Resources Ltd. and Antrim International. Mr. Henderson’s expertise is in the evaluation of producing properties and the identification of new exploration initiatives.

In addition and pursuant to a Rights Purchase Agreement dated June 24, 2008, the Company agreed to acquire certain oil and gas rights from Mr. Henderson and Trojan Energy. Point Grey will now be actively pursuing Landsales in Alberta and small non-producing under exploited resources.