Kennady Diamonds Updates Kelvin Kimberlite Drilling

18 August 2014

•    Kelvin – Faraday kimberlite tonnage estimate increased to 7 - 10 million tonnes
•    131 meters of kimberlite intersected at Kelvin
•    14.8 tonnes of kimberlite recovered to date from Kelvin
•    Summer drill target increased to 12,000 meters

Toronto, Ontario, August 18, 2014 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce the latest results from the 2014 summer drill program at the Company’s 100 percent controlled Kennady North diamond project located in Canada’s Northwest Territories. Exploration, delineation and mini-bulk sample drilling is currently underway at the Kelvin kimberlite.