Stornoway Diamond Corporation is constructing Quebec's first diamond mine, the Renard Diamond Project. The mine is fully permitted and financed, with construction 22.4% complete and on budget. Plant commissioning is scheduled for 2H 2016 and commercial production is planned for 2Q 2017. The mine plan is based on an 11-year reserve of 17.9 million carats, but exploration continues to expand resources and extend potential mine life. Analyst consensus values Stornoway's shares at $1.14, representing 37% upside from the current price.

1. BUILDING QUÉBEC’S FIRST DIAMOND MINE
Corporate Update, June 19th 2015
Matt Manson Orin Baranowsky
President & CEO Director, Investor Relations

2. 2
Forward-Looking Information
This presentation contains "forward-looking information" within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning
of the United States Private Securities Litigation Reform Act of 1995. This information and these statements, referred to herein as “forward-looking statements”,
are made as of the date of this presentation and the Company does not intend, and does not assume any obligation, to update these forward-looking statements,
except as required by law.
Forward-looking statements relate to future events or future performance and reflect current expectations or beliefs regarding future events and include, but are not
limited to, statements with respect to: (i) the amount of mineral resources and exploration targets; (ii) the amount of future production over any period; (iii) net
present value and internal rates of return of the mining operation; (iv) assumptions relating to recovered grade, average ore recovery, internal dilution, mining
dilution and other mining parameters set out in the Feasibility Study or Optimization Study; (v) assumptions relating to gross revenues, operating cash flow and
other revenue metrics set out in the Feasibility Study or Optimization Study; (vi) mine expansion potential and expected mine life; (vii) expected time frames for
completion of permitting and regulatory approvals and making a production decision; (viii) future exploration plans; (ix) future market prices for rough diamonds;
and (x) sources of and anticipated financing requirements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”,
“projects”, “estimates”, “assumes”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and
may be forward-looking statements.
Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or
achievements of Stornoway to be materially different from future results, performances or achievements expressed or implied by such statements. Such
statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Stornoway will
operate in the future, including the price of diamonds, anticipated costs and Stornoway’s ability to achieve its goals. Certain important factors that could cause
actual results, performances or achievements to differ materially from those in the forward-looking statements include, but are not limited to: (i) required capital
investment and estimated workforce requirements; (ii) estimates of net present value and internal rates of return; (iii) receipt of regulatory approvals on acceptable
terms within commonly experienced time frames; (iv) anticipated timelines for the commencement of mine production; (v) market prices for rough diamonds and
the potential impact on the Renard Project’s value; and (vi) future exploration plans and objectives. Additional risks are described in Stornoway's most recently
filed Annual Information Form, annual and interim MD&As, and other disclosure documents available under the Company’s profile at: www.sedar.com.
When relying on our forward-looking statements to make decisions with respect to Stornoway, investors and others should carefully consider the foregoing factors
and other uncertainties and potential events. Stornoway does not undertake to update any forward-looking statement, whether written or oral, that may be made
from time to time by Stornoway or on our behalf, except as required by law.
Readers are referred to the technical report dated as of February 28th, 2013 entitled “The Renard Diamond Project, Québec, Canada, Feasibility Study Update, NI
43-101 Technical Report, February 28, 2013” in respect of the January 2013 Optimization Study, and the press release dated July 23, 2013 in respect of the July
2013 Mineral Resource estimate for further details and assumptions relating to the project. The Qualified Persons that prepared the technical reports and press
releases that form the basis for the presentation are listed in the Company’s AIF dated July 29, 2014. Disclosure of a scientific or technical nature in this
presentation has been reviewed and approved by Robin Hopkins, P.Geol. (NT/NU), Vice President, Exploration, a “qualified person” under NI 43-101.

3. 3
Stornoway Diamond Corporation TSX:SWY
Notes:
1. Assuming a C$:US$ conversion rate of C$1.10 Project Site, March 24, 2015
100% Ownership in Renard,
Québec’s First Diamond Mine
Fully Permitted; Road Accessible;
Strong Social License; Excellent Cost Environment
Fully Financed and In Construction
July 8th 2014: C$946M1 project financing designed to
cover all project costs, contingencies, over-run facilities,
financing costs and working capital requirements.
On Budget
April 30, 2015: guiding for completion within
C$811m capital budget with construction 22.4%
complete compared to 21.7% planned.
On Schedule
Plant Commissioning 2H 2016. Commercial
Production 2Q 2017

4. 4
Publicly Listed Diamond Producers, Developers and Explorers
Consensus Analyst Views on Value
Ticker
Price
(19/6/15)
Shares
O/S
(mm)
Market
Cap
($mm)
NAV/sh(1) Current
P/NAV(1) Target (1) % Return
to Target
Annual
Dividend
Diamond Producers
Dominion Diamonds DDC:T $18.55 85.1 $1,579.2 $30.80 0.6x $27.04 48% US$0.40/sh
Gem GEMD:LN £1.465 138.3 £202.6 £2.53 0.6x £2.25 56% US$0.05/sh
Lucara LUC:T $1.94 379.5 $736.3 $2.53 0.8x $2.76 44% $0.04/sh
Petra PDL:LN £1.586 512.1 £812.2 £2.40 0.7x £2.26 44% £0.02/sh
Diamond Developers
Firestone FDI:LN £0.33 309.0 £102.0 £0.70 0.5x £0.56 69% (n/a)
Mountain Province MPV:T $5.10 159.0 $810.7 $7.17 0.7x $6.55 28% (n/a)
Stornoway SWY:T $0.83 732.3 $607.8 $1.36 0.6x $1.14 37% (n/a)
Diamond Explorers
Kennady Diamonds KDI:LN $5.38 28.0 $150.5 (n/a) (n/a) (n/a) (n/a) (n/a)
North Arrow Minerals NAR:V $0.485 54.0 $26.2 (n/a) (n/a) (n/a) (n/a) (n/a)
Peregrine Diamonds PGD:T $0.245 282.7 $69.3 (n/a) (n/a) (n/a) (n/a) (n/a)
Shore Gold SGF:T $0.215 248.7 $53.5 (n/a) (n/a) (n/a) (n/a) (n/a)
Notes:
1. Bloomberg Analyst Consensus
All Currencies in C$ unless specified

5. 55
Renard: Québec’s First Diamond Mine

6. 6
The Renard Diamond Project
Québec’s First Diamond Mine
Chibougamau
Montréal
Toronto
800km
360km
Renard
1996: Start of initial regional exploration by Ashton & SOQUEM
2001: First kimberlite discovery
2001-08: Drilling, “mini-bulk” sampling, bulk sampling
2008-10: First NI 43-101 Resource and PEA
November 2011: Feasibility Study issued. First mineral reserve
December 2012: ESIA filed
February 2012: Road construction commences under Plan Nord
March 2012: “Mecheshoo Agreement” executed
Nov.-Dec.2012: Mining Lease and Québec Authorizations
issued
January 2013: Optimization Study issued
July 2013: Federal Canadian Authorizations Issued
September 2013: Road opens
April-July 2014: $C946m financing completed. Construction
commences
2Q 2017: Scheduled Commercial Production
2001: First Kimberlite Discovery
+7-9 Years: First NI 43-101 Resource and PEA
+16 Years: Commercial Production
+12 Years: Final Authorisations Issued

7. 7
Lynx
R10
N
R7
R1Hibou
R4
R9
R2
R3
R65
R8
Kimberlite Bodies with
Measured and Indicated
Resources
Hibou
Lynx
R4
R9
R2
R3
R65
Kimberlite Bodies with
Resource Potential
R1Hibou
Lynx
Legend
Stornoway Properties
Hydro-Québec Facility
Renard Kimberlites
Kimberlitic Dyke
Regional Kimberlites
Hydro-Québec
Powerlines
Route 167 Extension/
Renard Mine Road
Road
Exploration/ Mining
Projects
LEGEND:
0 1 2
Kilometers
60 0 60 120
Kilometers
Renard
LG3LG2
LG4
Laforge 1
Laforge 2
Brisay
Foxtrot Property
Strateco
Eastmain MineWestern Troy
Troilus Mine
Eleonore
Temiscamie
Mistissini
Chibougamau
Matagami
Wemindji
Renard Kimberlite Bodies
Kimberlite Bodies with
Inferred Resources

8. 8
The Feasibility: 11 years
of mining on 18mcarat
Mineral Reserve
(24mtonnes)
Permitting and Long
Term Plan
The Vision: Deposit still
Open
40
60
80
100
120
140
Millions
of Tonnes
20
0
TFFE High Range
Inferred Mineral Resource
TFFE Low Range
Indicated Mineral Resource
The Renard Diamond Project
A Large, High Value Diamond Resource with a Very Long Mine Life Potential
0m
100m
200m
400m
600m
700m
500m
300m
Renard 65
29/24cpht Renard 3
103/112cpht
Renard 2
104/119cpht
Renard 9
53cpht
Renard 4
60/50cpht
27 mcarat Indicated Mineral Resource
17 mcarat Inferred Mineral Resource
26-48 mcarat TFFE
Source: Stornoway, 2014
Grades illustrated are for Indicated and Inferred Mineral Resources respectively at a +1DTC sieve
size cut-off. Reserve and Resource categories are compliant with the "CIM Definition Standards on
Mineral Resources and Reserves". Mineral resources that are not mineral reserves do not have
demonstrated economic viability. The potential quantity and grade of any Exploration Target
(previously referred to as a “Potential Mineral Deposit”) is conceptual in nature, and it is uncertain if
further exploration will result in the target being delineated as a mineral resource.

9. Renard Mine Plan and Key Operating Assumptions
A Combined Open Pit and Underground Operation
0m
100m
200m
400m
600m
700m
500m
300m
Notes
1. Key Assumptions:C$1=US$1, Oil US$95/barrel, 2.5% real terms diamond price growth,
82.9% ore recovery, 23.8% mining and internal dilution, 0cpht dilution grade.
2. Expressed in May 2011 terms. Average price US$190/carat in March 2014 terms.
3. Expressed in October 2012 terms, as adjusted in October 2013 LNG FS. Includes
C$754m of costs and contingencies and C$57m of escalation allowance.
4. Expressed in October 2012 terms. Operating costs C$54/tonne in October 2013 LNG
FS terms. Excludes capitalized preproduction costs.
5. Before stream
Reserve and Resource categories are compliant with the "CIM Definition Standards on Mineral
Resources and Reserves". Mineral resources that are not mineral reserves do not have
demonstrated economic viability. The potential quantity and grade of any Exploration Target is
conceptual in nature, and it is uncertain if further exploration will result in the target being
delineated as a mineral resource.
Reserve Based Mine Plan1
(Jan 2013 FS Optimization and October 2013 LNG
Option FS)
Mine Life 11 years
Mineral Reserve 17.9 mcarats
Ave. Diamond Price2
$180/carat
Production Rate 2.2 mtonnes/yr
Ave. Diamond Production 1.6 mcarats/yr
Gross Revenue (C$M)2
$4,268
Initial Capital Costs3
$811m
Operating Cost4
$58/t ($76/carat)
Operating Margin5
67%
Payback 4.8 years
Resource Based Mine Plan
(Basis of December 2012 ESIA and Mine Permitting. Not
public disclosure consistent with NI 43-101)
Includes the mining of 2.3mcarats of Indicated
Resources within a Renard 65 open pit,
additional Inferred Resources in Renard 2, 3, 4
and 9, and an increased annual processing
capacity up to 2.6mtonnes/yr.
Increased project valuation and mine life.
Renard 65
Renard 2 Renard 3
Renard 4
Renard 9
9

10. 10
490 m
asl
-275 m
asl
0 m
790 m
Ongoing Resource Expansion
Long Section Illustrating July 2013 NI 43-101 Mineral Resource
Renard 2 Renard 3 Renard 4 Renard 65 Renard 9
27 mcarat Indicated Mineral Resource
17 mcarat Inferred Mineral Resource
26-48 mcarat TFFE
Reserve and Resource categories are compliant with the "CIM Definition
Standards on Mineral Resources and Reserves". Mineral resources that are not
mineral reserves do not have demonstrated economic viability. The potential
quantity and grade of any Exploration Target (previously referred to as a
“Potential Mineral Deposit”) is conceptual in nature, and it is uncertain if further
exploration will result in the target being delineated as a mineral resource.
$10m 2014 drill program focussed
on Renard 2 below Mineral
Reserve at 600m.
Estimate of 9-12mTonnes 600m
to 1,000m depth.
>1 hectare at 1,000m. Open
below.
Resource update Summer 2015
Surface
600m Depth
1,000m Depth Renard 2

11. 11
Renard’s Diamonds
Large Diamond Potential Not Included in Base Case Diamond Valuation Models
March 2014 Diamond Valuations
(WWW International Diamond Consultants Ltd.)
Kimberlite
Body
Size of
Valuation
Sample
(carats)
WWW March
2014 Sample
Price
(US$/carat)1
WWW March
2014 Base Case
Price Model
(US$/carat)1
Sensitivities
(Minimum to High)
Renard 2 1,580 $187 $197 $178 to $222
Renard 3 2,753 $179 $157 $146 to $192
Renard 4 2,674 $101 $106 ($155)2
$100 to $174
Renard 65 997 $262 $187 $175 to $211
Notes
1. All prices in US$/carat. Samples utilizing a +1 DTC sieve size cut-off.
2. Should the Renard 4 diamond population prove to have a diamond population with a size distribution
equal to the average of Renard 2 and 3, WWW have estimated that a base case diamond price model
of $155 per carat based on March 2014 pricing. Source: WWW March 2014 Valuation Update
Three Renard 65
diamonds: 9.78 ct and
6.41 ct diamonds
recovered from bulk
sampling and a 4 carat
stone discovered in
drillcore in 2003
Base Case Diamond Valuation
Estimates Using Best Practice
Methodology
Average diamond price estimate in
March 2014 for the Mineral Reserves
at US$190/ct (un-escalated)
compared to US$180/ct in the January
2013 Optimization Study.
High Quality Production with
Large Stone Potential
The Renard kimberlites have similar,
but marginally different diamond
populations exhibiting a high
incidence of large white gems.
Coarse Size Distribution in Renard 2
predicts three to six 50-100ct stones
and one to two +100ct stones every
100,000 carats (two weeks).
Substantial revenue potential from
large diamonds not accounted for in
the base case cash-flow model.

12. 12
Stornoway will be a Significant Diamond Producer
Current and Future Diamond Producers
Source: Kimberly Process, WWW and Company Reports
Latest 12 Month Sales/ Forecast Future
Average Sales
1 De Beers (Anglo/Botswana) $7,114m
2 Alrosa (Russia) $4,901m
3 Dominion Diamond (TSX: DDC) $928m
4 Rio Tinto (ASE: RIO) $901m
5 Petra (L: PDL) $502m
6 Stornoway (note 2; TSX: SWY) $310m
7 Gem Diamonds (L: GEMD) $271m
8 Lucara (TSX: LUC) $266m
9 Mountain Province (note 2; TSX: MPV) $259m
10 Firestone (note 3; L: FDI) $123m
11 Others $3,025m
Total $18,600m
DeBeers
38%
Alrosa
26% Dominion
5%
RioTinto
5%
Petra
3%
SWY
2%
GEM
1%
LUC
1%
MPV
1%Firestone
1%
Others
16%
Notes:
1. Renard estimated at FS average annual diamond production of 1.63 million carats, and WWW March 2014 weighted diamond price of US$190/ct, un-escalated
2. Gahcho Kué estimated at 49% of Revised FS average annual production of 4.45 million carats, and average modeled diamond price of US$118/ct, un-escalated
3. Firestone estimated at FS average annual production of 1.15 million carats at an average price of US$107/ct un-escalated
6 Stornoway (note 1; TSX: SWY) $310m

13. 13
Why Stornoway? Renard’s Cash Flow Potential
Based on Base Case Economics
Renard is Expected to Generate Substantial Cash Flow
over its first 11 years of Mining
After Tax, After Stream Operating Cash Flow of between
$150 and $250 million, or $0.20 to $0.30 per share
Assumptions
Mineral reserve case only, averaging 1.6mcarats per annum at US$190/carat
Capital and operating cost parameters as established in the January 2013 Optimization Study
and October 2013 LNG FS
Base case diamond pricing from March 2014; No “special” diamonds.
2.5% annual real diamond price escalation
C$:US$ conversion rate of C$1.10
Based on terms of Financing Transaction closed on July 8th 2014
Assumes full conversion to equity of US$81million of Convertible
Debentures giving 825 million shares outstanding.
Significant Upside Potential from Resource,
Large Diamonds and Processing Capacity

14. 1414
Renard Construction Progress

15. 15
Project Well Prepared for Execution
Construction Commenced July 10th 2014
Project Site July 2014
Permitting and Social Licence in Place
Mecheshoo Agreement signed with Crees in March
2012, partnership agreements with Chibougamau and
Chapais in July 2012, Québec and Federal
Authorisations in Dec. 2012 and July 2013 respectively.
Access Infrastructure in Place
Renard Mine Road opened to traffic on Aug. 30th 2013.
Renard Aerodrome opened to landings Nov. 5th 2013.
Owner’s Team and EPCM in Place
Owner’s construction team located in Longueuil. EPCM
contract negotiated with SNC-Lavalin, DRA & AMEC.
LNG Power
LNG power option selected to utilize all-season road
and commercial LNG distribution network in Québec.
Favourable Construction Environment
Competitive cost environment and good contractor/
labour availability in Québec.
R65 Borrow Pit
Exploration Camp
Lac Lagopede
Ground Breaking Ceremony July 8th 2014

16. 16
Jean-Charles
Dumont
VP Finance
SWY since 2011
Formerly Corporate
Controller of La
Mancha.
Ebe Scherkus
Chairman of the
Board
Stornoway’s Management Credentials
Experience in Building and Operating Major Projects
Matt Manson
President, CEO
& Director
Pat Godin
COO & Director
SWY since 2011
Formerly President
and COO of Agnico
Eagle Mines Ltd.
Executive Chairman
of Premier Gold
SWY since 2007
Formerly VP
Marketing/VP
Technical Services,
Aber Diamond Corp
(Dominion Diamond;
Diavik Project)
SWY since 2010
Formerly VP Project
Development Gmining
(Essakane Mine).
Successive mine
management and
project development
positions, Cambior
Ian Holl
VP Processing
SWY since 2014
20 years experience De
Beers in plant
construction,
commissioning and
operation (Victor, Snap
Lake, Jwaneng Mines) Yves Peron
VP Engineering
& Construction
SWY since 2012
Formerly VP Bus. Dev.
at Delsaer and Seneca.
Successive
management roles at
ArcelorMittal and
Xstrata.
Martin Boucher
VP Sustainable
Development
SWY since 2010
Formerly Canadian
Royalties (Nunavik
Project) and Xstrata
(Raglan, Gaspesia,
Koniambo Mines)
Brian Glover
VP Asset
Protection
SWY since 2012
Formerly Director
Security Operations
at Harry Winston
(Dominion Diamond).
More than 20 years
experience RCMP.
Robin Hopkins
VP Exploration
SWY since 2006
Formerly Aber
Resources and
discovery of the
Diavik Mine.

17. 17
Site Progress
Site Overview by Week 48
Project Site March 24, 2015
Accommodation
Complex
R65 Pit
Project Site June 4, 2015
Mine Admin
Maintenance
Facility
Process Plant Power Plant
UG Mine Portal
R2-R3
R65
Garage
Administration Portal
Accommodation
Plant
Waste Rock
Ore Stockpile
PKC
Overburden
Stockpile
R2-R3 Pit
Contractors
Offices

18. 18
Access Infrastructure In Place
The 240km long Route 167 Extension and the Clarence and Abel Swallow Airport
Eastmain River Bridge March 2015
March 2015July 2014
January 2015 Airport Naming Ceremony, March 2015

19. 19
Process Plant at 6,000tpd (2.2Mtonnes per
annum) nameplate capacity, expandable to
7,000tpd (2.6Mtonnes per annum)
Optimization by DRA Americas Inc. has
allowed addition of Large Diamond
Recovery (“LDR”) capacity to the flow sheet
for no additional capital.
Flow sheet:
• Primary jaw crushing to < 230mm
• Twin DMS circuits at +1mm -19mm
• LDR circuit at +19mm -45mm, scalable
to -60mm
• Oversize +45mm to secondary cone
crusher
• LDR and DMS tails +6mm -19mm to
tertiary High Pressure Grinding Rolls
Cap-ex (Direct Costs, without Capitalized Op-ex)
• Jan 2013 Cap-ex without LDR: $162.7m
• Optimized Cap-ex with LDR: $147.1m
Thickening and centrifugal treatment of
fines and tails to create a truckable product
for dry-stack disposal.
Diamond Processing Plant
Represents Single Largest Cap-ex Item and Critical Path for Overall Construction

20. 20
Site Progress
Live Updates on Process Plant Construction at www.stornowaydiamonds.com
Plant Footprint, Oct 21, 2014 First Concrete Pour, April 7, 2015
Project’s critical path item
Concrete (7 April) steel (14 June)
Building closure scheduled for
October 2015
Plant, June 4, 2015

21. 21
Site Progress
Concrete Pouring on Major Facilities Commenced Ahead of Schedule April 2015
Maintenance Shed May 12, 2015
Maintenance Shed, April 20, 2015 Structural Steel Erection June 3, 2015

22. 22
Open Pit Mining
Renard 2 – Renard 3 Pit Pre-stripping Commenced March 2015
R2-R3 Pre-Strip, March 5, 2015
Open Pit Mining Team, March 5, 2015
R2-R3
R65
Portal
R2-R3 Pit, May 23, 2015
Decline Ventilation, May 10, 2015R2-R3 Pit Pre-Strip, June 4, 2015
Mining Progress
as of Apr 30 2015 (FY15 Q4)
1.61m tonnes moved at R65 against plan of 1.21m (133%)
0.28m tonnes moved at R2-R3 against plan of 0.52m (54%)

23. 23
Underground Mining
Renard 2 – Renard 3 Pit Pre-stripping Commenced March 2015
R2-R3 Pre-Strip, March 5, 2015
Jumbo in Decline, May 25, 2015 Decline Ventilation, May 10, 2015
R2-R3
R65
Portal
Decline Progress
as of Apr 30 2015 (FY15 Q4)
55m against plan of 95m (58%)
233m against plan of 295m by June 15 (79%)

24. 24
Project Schedule
Based on Construction Mobilization July 10th 2014
Feasibility Study (Complete)
ESIA (Complete)
Public Hearings (Complete)
Reg. Authorizations (Complete)
Specific Operating Permits (50)
Road Construction (Complete)
Project Financing (Complete)
Detailed Engineering
Site Construction
Commissioning and Ramp-up
Commercial Production
2012
2H 2H 2H 2H2H 1H 1H 1H1H
2013 2014 2015 2016
2H1H
2017
Based on the Renard Diamond Project Construction Schedule, Plant
Commissioning is Planned for H2 2016 and Commercial Production in Q2 2017.
June 2015
First Vehicle Access
Completion Status
as of Apr 30 2015 (FY15 Q4)
Overall Construction: 22.4% (planned 21.7%)
Engineering Progress: 56% (planned 62%)

25. 2525
Corporate Data

26. 26
Shareholding
Share Price (TSX-SWY):
June 19, 2015
C$ $0.83
52 week High-Low C$ $0.46–$0.85
Average Daily Volume:
Last 12 Months
637,729
Average Daily Volume:
Since July 8th 2014
613,682
Market Capitalization: C$ 608 million
Total Shares Outstanding: 732 million
Total Options & Warrants Outstanding:
(28.2m Options $0.59-$5.36; 123.8m
warrants $0.90-$1.21)
152 million
Consolidated Cash1:
(as of April 30, 2015)
C$ 364 million
Consolidated Debt1:
(as of April 30, 2015)
C$ 208 million
Undrawn Financing Commitments2:
(Subject to Financing Agreement CPs)
C$ 352 million
Balance Sheet
Balance Sheet and Capital Structure
Notes
1. Audited
2. Assuming a C$:US$ conversion rate of C$1.10
Investissement Québec 28.6% 22.7%
Orion Mine Finance 19.5% 17.5%
CDPQ 6.1% 6.2%
Float 45.8% 53.6%
DilutedBasic

27. 27
Sources and Uses of Funds to April 30, 2015(1)
On Current C$:US$ Exchange Rates
(all amounts in millions of C$) Assumed
Actual use
of Proceeds
to April 30,
2015
Renard Diamond Project
Capital Expenditures 811 177
Route 167 Extension (2) 70 70
Financing Costs, Interest during
Construction
58 18
Mine Closure Guarantee (2) 16 2
Pre-production Net Revenue (26) -
Total Project Costs 929 267
General Corporate Purposes
Equity fees and transaction costs 18 23
General working capital,
administrative and salary expenses
14 6
Total Uses 961 296
Costs
Notes
1. Unaudited
2. The total amount borrowed pursuant to the Renard Mine Road loan was $77 million, of which $70 million was used for construction of the Renard Mine Road and $7
million was used for civil works related to the airstrip. Costs related to the airstrip were included in the $811 million capital expenditures line in the table above.
3. Assuming a C$:US$ conversion rate of C$1.21
(all amounts in millions of C$)
Sources of Funds
Stream Deposits not yet received(3) 206
Senior Loan Facility, Tranche A 100
Senior Loan Facility, Tranche B 20
Cost Overrun Facility 28
Equipment Financing Facility(3) 18
Cash, cash equivalent and short term
investments
364
Receivables 16
Capital Resources Available 752
Estimated Cost to complete Renard Project,
including contingencies and escalation
(665)
Excess funding available including cost
overrun facilities – as at April 30, 2015
87
Sources and Uses

28. 2828
Appendix 1: Stornoway’s C$946M Project Financing for Renard

29. 29
Renard Project Financing Transaction Structure
Type
Amount
(% of Total)
Description
Common Equity C$374M (40%)
• C$132M marketed public equity offering of subscription receipts
• C$242M private placement to Orion (US$110M), RQ (C$100M) and Caisse (C$22M)
Diamond Stream US$250M (29%) • 20% diamond stream (Orion 16%, Caisse 4%) with ~US$56/ct(1) ongoing payment
Convertible Debentures US$81M (9%)
• Provided by Orion; 7 year, 6.25% coupon, 35% conversion premium to equity issue
price
Senior Debt C$120M (11%) • Provided by IQ; 7 year amortizing payment, Fixed (QC Bond)+5.75% or Prime +4.75%
Equipment Financing US$35M (4%) • Provided by Caterpillar
Cost Overrun Facility C$48M (5%)
• C$20M provided by IQ (same terms as senior debt)
• C$28M provided by Caisse (unsecured, 7 year term, 10% coupon)
Total C$946M (100%)
Assumes US$1.00 = C$1.10
1. Includes reimbursement of marketing expenses
Counter-Party
Amount
(% of Total)
Orion Mine Finance C$367M (39%)
Investissement Québec/
Ressources Québec
C$240M (25%)
Caisse de dépôt et
placement du Québec
C$105M (11%)
Caterpillar Financial C$39M (4%)
Public C$195M (21%)
Total C$946M (100%)
C$77M
C$811M
C$946M
C$70M
C$67M
Financing Funding Requirements
New
Financing
Existing
Financing
C$48M COF &
C$27M Working
Capital
Financing
Costs &
Interest During
Construction
Renard Mine
Road
Initial Capex &
Escalation
Allowance

30. 30
Top 15 Equity Offerings 2015 YTD, 2014 and 2013
With the Exception of Barrick in 2013, 2014 Saw Larger Equity Financings Than 2013
2015 YTD 2014 2013
Source: Company disclosure.
Issuer Date Size ($ MM) Issuer Date Size ($ MM) Issuer Date Size ($ MM)
First Quantum May-15 C$1,437.5 Lundin Oct-14 C$674.2 Barrick Oct-13 US$3,000.2
Silver Wheaton Mar-15 US$800.0 Franco Nevada Aug-14 US$500.4 Detour Gold May-13 C$176.1
Romarco Jan-15 C$300.0 Primero Mar-14 C$224.3 Platinum Group Metals Dec-13 C$175.2
Yamana Jan-15 C$260.2 Fortress (Lundin Gold) Oct-14 C$200.0 Allied Nevada Apr-13 US$150.5
Osisko Royalties Jan-15 C$200.0 HudBay Jan-14 US$172.7 Ivanhoe Mines Sep-13 C$108.0
Detour Gold Jan-15 C$140.8 Detour Gold Feb-14 C$172.5 Guyana Goldfields Jan-13 C$100.0
Mountain Province Diamonds Mar-15 C$95.0 Torex Gold Jan-14 C$143.8 Paladin Energy Aug-13 C$81.6
SEMAFO Feb-15 C$50.3 Ivanhoe Mines May-14 C$143.8 Banro Corporation Mar-13 US$67.8
Asanko Gold Jan-15 C$40.0 Stornoway Apr-14 C$132.0 Trevali Mining Nov-13 C$46.0
Richmont Mines Jan-15 C$34.0 Rubicon Minerals Feb-14 C$115.1 SantacruzSilver Jan-13 C$40.4
Rubicon Minerals Mar-15 C$30.2 Platinum Group Metals Sep-14 US$113.8 Sulliden Gold Sep-13 C$40.1
First Majestic Apr-15 C$30.0 MAG Silver Jun-14 C$79.0 Colossus Minerals Jul-13 C$38.0
Kaminak Gold Feb-15 C$21.0 Mountain Province Diamonds Sep-14 C$75.0 NGEx Resources Jan-13 C$34.0
Trevali Mining May-15 C$20.0 Pretium Jul-14 US$69.0 Copper Mountain Mining Nov-13 C$30.1
Lydian International Jan-15 C$16.5 Altius Minerals Apr-14 C$65.0 Mountain Province Diamonds Nov-13 C$29.4

31. 31
Issuer Date Size ($ MM) Coupon Rate (%) Term (Years) Description
Imperial Metals Sep-14 C$115.0 6.00% 6 Convertible Senior Unsecured Debentures
Stornoway Feb-14 US$81.3 6.25% 7 Convertible Unsecured Subordinated Debentures
Primero Mining Jan-15 US$75.0 5.75% 5 Convertible Unsecured Subordinated Debentures
5N Plus May-14 US$66.0 5.75% 5 Convertible Unsecured Subordinated Debentures
Banro Jun-14 US$40.0 8.00% 3.5 Convertible Preferred Shares
North American Palladium Apr-14 C$30.0 7.50% 5 Convertible Unsecured Subordinated Debentures
North American Palladium Mar-14 C$27.5 7.50% 5 Convertible Unsecured Subordinated Debentures
Argex Titanium Jan-14 C$7.5 8.00% 5 Convertible Unsecured Subordinated Debentures
Issuer Date Size ($ MM) Coupon Rate (%) Term (Years) Description
First Quantum Minerals May-14 US$850.0 7.25% 8 Senior Secured Notes
Lundin Oct-14 US$550.0 7.50% 6 Senior Secured Notes
Goldcorp Jun-14 US$549.3 3.63% 7 Senior Unsecured Notes
China Gold Jul-14 US$500.0 3.50% 3 Guaranteed Corporate Bond
Cameco Jun-14 US$499.8 4.19% 10 Senior Unsecured Debentures
Yamana Gold Jun-14 US$499.5 4.95% 10 Senior Unsecured Notes
Lundin Oct-14 US$450.0 7.88% 8 Senior Secured Notes
Goldcorp Jun-14 US$447.8 5.45% 30 Senior Unsecured Notes
Imperial Metals Mar-14 US$325.0 7.00% 5 Senior Unsecured Notes
AuRico Mar-14 US$304.1 8.50% 6 Senior Secured Second Lien Notes
HudBay Jul-14 US$181.9 9.50% 6 Senior Unsecured Notes
Stornoway Apr-14 C$120.0 Prime + 4.75% 10 Senior Secured Loan
Trevali Mining May-14 US$52.5 12.50% 5 Senior Secured Notes
Select Recent Debt & Convert Offerings
Debt Issuances
Convertible Debt Issuances
Source: Company disclosure.

32. 32
Investor - Issuer Date Size ($ MM) Description
Franco-Nevada - Lundin Oct-14 US$648 Franco-Nevada to receive 68% of payable Au and Ag production until 720k oz Au and 12MM oz Ag are delivered
from 100% of Candelaria; thereafter reduces to 40% of LOM payable metals from 100% of the mine. Acquisition
financing package also consists of C$50MM private placement exclusive of stream value.
Orion Mine Finance & Caisse de dépôt -
Stornoway
Apr-14 US$250 Stream agreement for 20% interest on run of mine diamond production from certain kimberlite
bodies from the Renard Project. Investors to pay the Issuer in 3 deposits.
Gold Holding - Banro Aug-14 US$121 Streams on Banro's Tw angiza and Namoya mines for US$41MM and US$80MM, respectively. Investor to receive
40k oz Au from Tw angiza mine over 4 years. Investor to also receive 10% LOM Au production from Namoya
including Au processed at the site from other mines w ithin 20 km; maximum deliverable Au of 12k oz per annum.
Franco-Nevada & Sandstorm - True Gold Aug-14 Up to US$120 Franco-Nevada (75%) & Sandstorm (25%) to receive 100k oz Au over 5 years, and 6.5% LOM Au production
from True Gold's Karma Project thereafter. True Gold holds an 18 month option to increase funding by US$20MM
for an additional 30k oz Au. Ongoing payments of 20% of spot Au.
Royal Gold - Rubicon Feb-14 US$75 Royal Gold to receive 6.3% of Au production from Rubicon's Phoenix Project until 135k oz have been delivered
and 3.15% LOM Au production thereafter. Ongoing payments of 25% spot Au. Advance deposit payments from
Royal Gold payable in 5 installments.
Orion Mine Finance - Aldridge Aug-14 US$40 Consists of US$5MM private placement and US$35MM 2-year bridge loan facility. Bridge loan bears interest at
9% plus the greater of 3 month USD LIBOR and 1%. Aldridge also entered into offtake agreements w ith Orion for
~20% of Pb & ~50% of Au production over the first 10 years of the mine plan.
Franco-Nevada - Klondex Feb-14 US$35 Franco-Nevada to receive 38k oz Au by December 31, 2018, and a 2.5% NSR royalty on Klondex's Fire Creek
and Midas properties commencing 2019. Gold financing package provided to support Klondex's acquisition of the
Midas Mine and Mill Complex from New mont.
JMET - Santacruz Silver Sep-14 US$28 5-year pre-paid forw ard silver purchase agreement. JMET to receive 4.6MM oz Ag through August 2019 w ith no
ounces delivered over the first 12 months. Ongoing payments of spot Ag less an undisclosed fixed discount.
Quintana - Arian Silver Oct-14 US$16 Quintana to receive 78.2% of Zn and Pb from San José until 32MMlbs and 38MMlbs, respectively, are delievered,
and 27.4% thereafter for 50 years. Issuer can buy 50% of stream for US$11MM before 2017. Investor also
acquires US$16MM of senior secured convertible notes to be restructured into new notes (8% interest).
Orion Mine Finance - Claude Mar-14 US$12 3.0% NSR royalty on Claude's Seabee Gold Operation. The NSR provides Claude w ith the option to repurchase
half of the NSR for US$12MM until December 31, 2016.
BlackRock - Avanco Jul-14 US$12 2.0% NSR royalty on Cu; 25.0% NSR royalty on Au and 2.0% NSR royalty on all other metals produced from the
Issuer's Antas North and Pedra Branca licensed areas. Additionally, BlackRock to receive a 2% NSR Royalty on
other discoveries w ithin Avanco's current licence portfolio.
Sprott - Veris Gold Apr-14 US$8 0.5% NSR royalty on Veris Gold's Jerritt Canyon mines and processing plant.
Select Recent Alternative Finance Agreements
Sourc: Company disclosure.

33. 3333
Appendix 2: Renard Technical Data

34. 34
Probable Mineral Reserve
Mining Recovery Factors Utilized in the Reserve
Calculation
Kimberlite
Grade
(cpht)
Tonnes
(millions)
Contained
Carats
(Millions)
Internal
Dilution
Mining
Recovery
Mining
Dilution
Renard 2 OP 95 1.31 1.24 0.0% 96.0% 7.1%
Renard 2 UG 80 17.03 13.62 7.0% 82.4% 20.2%
Renard 3 OP 93 0.72 0.67 0.0% 96.0% 10.5%
Renard 3 UG 84 1.00 0.84 21.1% 85.0% 14.0%
Renard 4 UG 42 3.72 1.58 1.4% 78.2% 14.0%
Total 75 23.79 17.95 5.9% 82.9% 17.9%
Notes: Reserve categories are compliant with the "CIM Definition Standards on Mineral Resources and Reserves". Totals may not add due to rounding. Grades are estimated at a
+1DTC sieve size cut-off.
R2 ,
83%
R3, 8%
R4, 9%
Revenue
R2 , 77%
R3, 7%
R4, 16%
Tonnage
R2 , 83%
R3, 8%
R4, 9%
Carats
NI 43-101 Probable Mineral Reserves
January 28th 2013

35. 35
Notes: Resource categories are compliant with the "CIM Definition Standards on Mineral Resources and Reserves". Mineral resources that are not mineral reserves do not have
demonstrated economic viability. Indicated Mineral resources are Inclusive of the Mineral Reserve. Totals may not add due to rounding. Grades are estimated at a +1DTC sieve size
cut-off.
Renard NI 43-101 Mineral Resources
July 23rd 2013
Kimberlite
Grade
(cpht)
Tonnes
(millions)
Contained
Carats
(Millions)
Renard 2 – Total 100 18.58 18.66
Renard 2 104 17.71 18.38
Renard 2 CRB-2a 32 0.87 0.28
Renard 3 103 1.76 1.82
Renard 4 60 7.25 4.31
Renard 65 29 7.87 2.30
Total Indicated 76.4 35.45 27.09
Renard 2 – Total 64 11.77 7.47
Renard 2 119 5.23 6.23
Renard 2 CRB 19 6.54 1.24
Renard 3 112 0.54 0.61
Renard 4 50 4.75 2.37
Renard 9 53 5.70 3.04
Renard 65 24 4.93 1.18
Lynx Dyke 107 1.80 1.92
Hibou Dyke 144 0.18 0.26
Total Inferred 56.8 29.67 16.85

36. 36
Notes: The potential quantity and grade of any exploration target (previously referred to as “potential mineral deposit”) is conceptual in nature, and it is uncertain if further exploration
will result in the target being delineated as a mineral resource. The exploration upside for the Renard kimberlite pipes has been determined by projecting reasonable kimberlite
volumes from the base of the inferred Resource to a depth of 700m below surface. In the case of the Lynx and Hibou dykes, the exploration upside was established on the basis of
known drill intersections of kimberlite for which insufficient diamond sampling exists to adequately estimate a diamond resource grade.
Target for Further Exploration
July 23rd 2013. Changes to Previous January 2011 Estimates in Italics
Kimberlite
Grade
(cpht)
Tonnes
(millions)
Contained Carats
(Millions)
Renard 2 104 to 158 4.0 to 4.6 4.2 to 7.3
Renard 3 105 to 168 0.8 to 1.7 0.8 to 2.8
Renard 4 50 to 77 11.1 to 15.4 5.6 to 11.8
Renard 9 52 to 68 3.9 to 6.3 2.0 to 4.3
Renard 65 25 to 33 29.0 to 40.9 7.3 to 13.5
Lynx Dyke 96 to 120 3.1 to 3.2 3.0 to 3.8
Hibou Dyke 104 to 151 2.7 to 2.9 2.9 to 4.3
Total Exploration
Upside
54.6
(-0.8%)
to
74.9
(-0.8%)
25.7
(+9.1%)
to
47.8
(-1.4%)

37. 37
Chronology of Renard Studies
Feasibility Study
Released on November 16th 2011. NI 43-101 Technical Report filed December 29 2011.
11 Year Mine Plan based on 18 Mcarat Mineral Reserve derived from January 2011 NI 43-101 Resource.
Long Term Business Plan
Companion study to the Feasibility Study with an extended mine plan incorporating the project`s 17.5 million carats of
Inferred Mineral Resources.
Basis of overall mine design and project permitting. Not part of the project`s public disclosure, consistent with Canadian
reporting standards
Optimization Study
Released on January 28th, 2013. NI 43-101 Technical Report filed March 2013.
Refined of Feasibility mine design, including shaft deferral and a modified underground mining sequence.
11 Year Mine Plan based on 17.9 million carat Mineral Reserve.
Resource Update
Released July 2013. NI 43-101 Resource update with 14% increase in Indicated Resource contained carats
LNG Feasibility Study
Released October 2013. Modified project Cap-ex and Op-ex for LNG powered gen-sets

38. 38
January 2013 Optimization Study
Project Assumptions, Valuation and Pay-Back in the January 2013 FS Optimization Study
Key Assumptions in the Financial Model1
Mining
Parameters
Reserve Carats (M) 17.9
Tonnes Processed (M) 23.8
Recovered Grade (cpht) 75
Average Ore Recovery (%) 82.9%
Average Mining Dilution (%) 17.9%
Dilution Grade (cpht) 0
Processing Rate (Mtonnes/annum) 2.2
Mine Life (years) 11
Cost
Parameters
Initial Cap-ex (C$M)2 $752
LOM Cap-ex (C$M)4 $1,013
Oil Price (US$/barrel)2 $95
LOM Op-ex (C$/tonne)2 $57.63
LOM Op-ex (C$/carat)2 $76.63
Revenue
Parameters
Gross Revenue (C$M)2 $4,268
Marketing Costs 2.7%
DIAQUEM Royalty 2.0%
Cash Operating Margin (C$M)2 $2,693
% Operating Margin 67%
Income Tax, Mining Duties and IBA
Payments (C$M)1 $625
After Tax Net Cash Flow (C$M) $1,084
Diamond
Price
Parameters3
Renard 2 and Renard 3 (US$/carat) $182
Renard 4 (US$/carat) $164
Diamond Price Escalation 2.5%
Exchange rate 1C$=1US$
Schedule
Parameters
Effective Date for NPV Calculation Jan. 1 2013
Construction Mobilization/Early Works Aug. 1 2013
Plant Commissioning Commences Dec. 1 2015
Commercial Production Declared Jun. 1 2016
Valuation Results5
(C$m)
Pre-Tax After Tax
NPV5% $894 $537
NPV7% (Base Case) $683 $391
NPV9% $514 $274
IRR 20.4% 16.3%
Pay-Back (years) 4.69 4.82
Notes
1. Optimization Study, released January 28th 2013.
2. Expressed in October 2012 terms.
3. Expressed in May 2011 terms.
4. Expressed in nominal terms.
5. Expressed in de-escalated nominal terms.

39. 39
Liquefied Natural Gas Power Plant
The Renard Diamond Project will be
powered using Liquid Natural Gas (“LNG”)
fuelled gen-sets, with daily supplies of
cryogenic LNG from GazMetro in Montreal
utilizing the Renard Mine Road.
The Renard LNG plant will comprise seven
2.1MW rated gas gen-sets, providing
sufficient power generation capacity for the
project’s normal operating specification of
9.5MW.
LNG has significant cost and environmental
advantages over traditional diesel powered
gen-sets and a Hydro-Quebec power-line
option.
Diesel will continue to be used for the mobile
mining fleet and construction activities.

40. 40
Liquefied Natural Gas Power Plant
Feasibility Study Released October 2013
An LNG fuelled powerplant for Renard offers many advantages over diesel:
• Greatly reduced annual operating costs of $8m to $10m per year, for a small incremental
capital cost of $2.6m.
• Up to 43% less greenhouse gas emissions.
• stable supply market utilizing existing commercial distribution network within Québec.
• Elimination of on-site propane, as LNG will be used for building and underground mine
heating
Cost Improvements with LNG
2013 Optimization
Study with Diesel
2013 Optimization
Study with LNG
Unit Power Cost (C$/kWh) 1
$0.299 $0.188 (-37%)
Unit Operating Cost (C$/tonne) 1,2
$57.63 $53.84 (-7%)
Initial Capital Cost (C$m) 1
$752.1 $754.0 (+0.3%)
Life of Mine Capital Cost (C$m) 1,3
$1,013 $1,010 (-0.3%)
Annual Diesel Consumption (million litres) 27.5 5.9 (-79%)
Annual LNG Consumption (thousand m3
/annum) n/a 41.7
Annual Propane Consumption (thousand m3
/annum) 3.5 n/a
Notes
1. 2013 Optimization Study costs expressed in October 2012 terms.
2. Excludes capitalized preproduction costs.
3. Includes all initial, sustaining and deferred capital, contingencies and escalation
Key Assumptions
Based on the 11 year reserve-based mine life (17.9 mcarats) contained within
the 2013 Optimization Study, with a normal operating load of 9.49MW,
C$1=US$1, Oil US$95/barrel

41. 4141
Appendix 3: The Diamond Market

42. 42
Major Diamond Mines and Development Projects Worldwide
Few Enough Mines to Fit on One Map
South Africa
• Venetia (De Beers)
• Finsch, Cullinan, Kimberley (Petra Diamonds)
• Lace (DiamondCorp)
Tanzania
• Williamson (Petra Diamonds)
Russia
• Arkhangelsk District (Alrosa)
• Yakutia District (Alrosa)
• Grib (LUKOIL)
India
• Bunder (Rio Tinto)
Australia
• Argyle (Rio Tinto)
• Ellendale (Kimberly Diamonds)
Canada
• Ekati (Dominion)
• Diavik (Rio Tinto/Dominion)
• Victor, Snap Lake, Gahcho Kué (De Beers)
• Renard (Stornoway)
• Fort a la Corne (Shore Gold/Newmont)
Botswana
• Jwaneng, Orapa (De Beers)
• Ghaghoo (Gem Diamonds)
• Karowe (Lucara Diamonds)
Angola
• Catoca (Alrosa)
Democratic Republic of Congo
• Mbuyi-Mayi
Sierra Leone
• Koidu, (Steinmetz Group)
Lesotho
• Letseng (Gem Diamonds)
• Kao (Namakwa Diamonds)
• Liqhobong (Firestone)
• Mothae (Lucara)

43. 43
The Diamond Pipeline
An Industry with Many Intermediaries
Source: Tacy
D.I.B. 2015
Mine Production Rough Trading and Diamond Polishing Diamond Jewelery
Production
Cost
Production
Value
Mine Sales to
Industry
Rough Sales
To Cutting
Centres
Value of
Polished
Produced
Value of
Diamonds in
Retail
Jewelery
Sales
Retail Sales
Of Diamond
Jewelery
Value in US$B
terms of each
stage of the
diamond
pipeline
$6.9B $16.5B $16.7B $16.7B
$22.3B
$23.0B
$78.5B
Estimated
Average Margins
after Costs (%)
Rough Mining: 0 to 50% Rough Dealing: 0 to 10%
Polishing:
-10 to 15%
Jewelery
Manufac: -10
to 10%
Jewelery
Retail: 20
to 50%

44. 44
A Snapshot of Rough Diamond Supply
Industry Supply Themes
146mcarats produced in 2013
(US$18b)
No return to peak diamond production
of 176mcarats achieved in 2005
Maximum 20mcarats new production
on deck assuming all new projects
meet proponents published production
and schedule estimates
Consensus forecast of 2% supply
CAGR (in carat terms) to 2018,
declining thereafter
Potential or Actual New Projects
Rough Diamond Supply
Sources
The Global Diamond Report, December 2014: Bain & Co/Antwerp World Diamond Centre
The Diamond Insight Report, September 2014: McKinsey/De Beers

45. 45
A Snapshot of Rough Diamond Demand
Rough Diamond Demand
Supply and Demand
Industry Demand Themes
Diamond jewelry/polished diamond demand
growth tied to GDP growth in principal
markets
Diamond jewelry sales strongly correlated to
market demographics (age, gender, wealth)
US still dominant polished diamond market
(40% in 2013, 2% CAGR 2008-13) with
China the growth market (15% in 2013, 20%
CAGR 2008-13)
Consensus forecast of c.5% rough demand
CAGR (in dollar terms) over next 10 years
Consensus forecasts of 2-4% real rough
diamond price CAGR over next 10 years
given supply/demand imbalance
Sources
The Global Diamond Report, December 2014: Bain & Co/Antwerp World Diamond Centre
The Diamond Insight Report, September 2014: McKinsey/De Beers

46. 46
Rough Diamond Pricing 2009-2015
A tracking of the diamond market since the publication of the November 2011 FS and January 2013 Opt.
FS indicates rough diamond prices have generally remained within the bounds of sensitivities contained
within the FS financial model (May 2011 spot prices and a 2.5% real terms annual price escalator).
WWW Rough
Diamond Price
Index
COMEX Gold
May 2011 FS
Diamond Valuation
50
100
150
200
250
300
350
1-Jan-09 1-Jan-10 1-Jan-11 1-Jan-12 1-Jan-13 1-Jan-14 1-Jan-15
Indexto2009=100
WWW Rough Index, CPI Adjusted Renard Model Price Growth
FS 2.5% Price Model
(Nominal, adjusted
for CPI) with +/- 10%
Sensitivity

47. 4747
Appendix 4: Management Biographies

48. 48
Hume Kyle
Independent
Pat Godin
COO & Director
Matt Manson
President, CEO
& Director
John LeBoutillier
Independent/
IQ Designate
Monique Mercier
Independent/
IQ Designate
Peter Nixon
Independent
Ebe Scherkus
Independent/
Board Chairman
Executive Officers
Non-Executive Directors
Key Managers
Head Office: Longueuil, Québec
Exploration Office: North Vancouver, BC
Community Offices: Mistissini & Chibougamau Québec
Stornoway’s Board and Management Team
Serge Vézina
Independent
Yves Perron
VP Engineering
& Construction
Ghislain
Poirier
VP Public Affairs
Brian Glover
VP Asset
Protection
Martin Boucher
VP Sustainable
Development
Robin
Hopkins
VP Exploration
Orin
Baranowsky
Director, IR
Douglas Silver
Orion Designate
Ian Holl
VP Processing
Annie Torkia-
Lagacé
VP Legal Affairs
Gaston Morin
Independent/
IQ Designate
Jean-Charles
Dumont
VP Finance
Helene
Robitaille
Director, HR

49. 49
Pat Godin
COO & Director
Biographies
Ebe Scherkus
Chairman of the
Board
Matt Manson was appointed President of Stornoway Diamond Corporation in March 2007 and subsequently
President & CEO in January 2009. Between 1999 and 2005 he was employed by Aber Diamond Corporation
(now Dominion Diamond Corporation) as VP Marketing and subsequently VP Technical Services & Control,
during which time he participated in the US$230m project financing for the Diavik Diamond Project and
oversaw Aber's technical and marketing operations. Mr. Manson is a graduate of the University of Edinburgh
(BSc Geophysics, 1987) and the University of Toronto (MSc Geology 1989 and PhD Geology, 1996), and has
over 18 years of experience in diamond exploration, development and production.
Pat Godin joined Stornoway as COO in May 2010. He was previously VP, Project Development for GMining
Services, responsible for the development of the Essakane Mine in Burkina Faso under contract to IAMGOLD,
VP Operations for Canadian Royalties, and President and General Manager of CBJ-CAIMAN S.A.S., a French
subsidiary of Cambior / IAMGOLD. For many years, he was involved in Cambior’s various Canadian properties
in Abitibi-Témiscamingue, through progressive management positions in project development and mine
management. He holds a bachelor’s degree in mining engineering from Université Laval in Québec and is a
member of the “Ordre des Ingénieurs du Québec”. He is the Chairman of the Board of Geomega Resources
and a director of Orbit-Garant Drilling.
Mr. Scherkus served as the President and Chief Operating Officer and a director of Agnico-Eagle from 2005 to
February 2012. Prior to his appointment as President and Chief Operating Officer in December 2005, Mr.
Scherkus served as Executive Vice-President and Chief Operating Officer from 1998 to 2005, as Vice-
President, Operations from 1996 to 1998, as a manager of Agnico Eagle LaRonde Division from 1986 to 1996
and as a project manager from 1985 to 1986. Mr. Scherkus is a graduate of McGill University (B.Sc.), a
member of the Association of Professional Engineers of Ontario and past president of the Québec Mining
Association. He is Chairman of the Board of Premier Gold Mines Ltd.
Matt Manson
President, CEO
& Director

50. 50
Stornoway Diamond Corporation TSX:SWY
Head Office:
1111 Rue St. Charles Ouest,
Longueuil, Québec J4K 4G4
Tel: +1 (450) 616-5555
IR Contact:
Orin Baranowsky, CFA, Director IR
obaranowsky@stornowaydiamonds.com
Tel: +1 (416) 304-1026 x3
www.stornowaydiamonds.com
Info@stornowaydiamonds.com