25 February 2015
Toronto, Ontario: February 25, 2015 – Kennady Diamonds Inc. (“Kennady Diamonds”, the “Company”) (TSX-V: KDI) is pleased to announce the closing of the second tranche of the previously announced nonbrokered private placement of common shares, for gross proceeds of $10,509,425.05. The Company has issued 2,115,331 common shares at a price of $3.55 per share for gross proceeds of $7,509,425.05, and 600,000 flow-through common shares at a price of $5.00 per share for gross proceeds of $3,000,000.00. The shares are subject to a four month hold period, expiring on June 24, 2015.