Margaret Lake Diamonds Inc. announced that effective August 15, 2022, Geoff Hampson has been elected as a director of the Company to fill a vacancy on the Board of Directors. Mr. Hampson is a seasoned and proven entrepreneur with over 40 years of experience in starting businesses in the construction, manufacturing, technology and mining sectors. He has also served on the Board of Directors of many TSX Venture Exchange listed issuers.

He is the founder and Executive Chairman of Soma Gold Corp., a producing gold miner in Colombia; and CEO of Infracon Construction Group, a heavy civil and pipeline contractor based in BC; and Fibrox Technology, a producer of mineral fibre. He was also formerly the CEO of Peer 1 Network, Novocon International and Corelink Data Centers. Mr. Hampson has been an active venture capital investor in many other start up or early stage companies as well as having participated in over 27 M&A transactions with a total value of over $700 million.

Mr. Hampson was an early investor in Margaret Lake and has been a shareholder since 2007.