Stornoway Announces Management Change

Press Release

January 25, 2017

Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) announces that Robert Chausse, Stornoway’s Chief Financial Officer, will leave the Corporation to pursue other career opportunities, effective March 1, 2017.

Matt Manson, President and CEO commented: “On behalf of the Board of Directors of the Corporation, we wish Rob well in his future endeavours and thank him for his service with Stornoway.”

About Stornoway Diamond Corporation

Stornoway is a leading Canadian diamond exploration and development company listed on the Toronto Stock Exchange under the symbol SWY and headquartered in Montreal. Our flagship asset is the 100% owned Renard Diamond Mine, Québec’s first diamond mine. Stornoway is a growth oriented company with a world-class asset, in one of the world’s best mining jurisdictions, in one of the world’s great mining businesses.

On behalf of the Board

STORNOWAY DIAMOND CORPORATION

/s/ “Matt Manson”

Matt Manson

President and Chief Executive

For more information, please contact Matt Manson (President and CEO) at 416-304-1026 x2101 or Orin Baranowsky (Vice President, Investor Relations and Corporate Development) at 416-304-1026 x2103 or toll free at 1-877-331-2232

Pour plus d’information, veuillez contacter M. Ghislain Poirier, Vice-président Affaires publiques de Stornoway au 418-254-6550, gpoirier@stornowaydiamonds.com ** Website: www.stornowaydiamonds.com Email: info@stornowaydiamonds.com **

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