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BRIEF-Black Diamond announces acquisition of Vancouver area rental fleet for $1.3 mln

Oct 3 Black Diamond Group Ltd :

* Deal for $1.3 million

* Cash purchase price and capital commitments will be funded from black diamond's available cash and borrowing facilities.

* Black diamond is increasing its previously announced $10.0 million 2016 capital expenditure plan to $15.0 million

* Black diamond group announces the strategic acquisition of vancouver area rental fleet

* Concurrent with acquisition, black diamond signed a commitment to purchase $1.4 million of new manufactured assets from shelter Source text for Eikon: Further company coverage:

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