Mountain Province Diamonds Inc.

Mountain Province Diamonds Inc. and is pleased to announce that at its special meeting of shareholders held on Feb 28, 2022 87% of the votes held by disinterested shareholders were cast in favour the previously announced debt financing transaction that significantly strengthens the Company's financial position ahead of a broader refinancing of the Company's indebtedness later in 2022. The Company is also pleased to [...]

Mountain Province Diamonds Inc. today announces that it has mailed to its shareholders a notice of special meeting and management information circular and related materials for a special meeting of shareholders to be held on February 28, 2022 at 11:00 a.m. Eastern Time. The record date for determining the shareholders entitled to receive notice of and vote at the Special Meeting was set as the close of business on January [...]

Mountain Province Diamonds Inc. is pleased to announce the results of its latest diamond sale in Antwerp, Belgium, which closed on January 21, 2022. Additionally, the Company wishes to provide an operational update, and 2022 guidance. Results of First Sale of the Year During the Company's first sale of 2022, 181,851 carats were sold for total proceeds of $31.5 million resulting in an average value of $173 per carat [...]

Mountain Province Diamonds is pleased to announce the appointment of Steven Thomas as Vice President Finance, Chief Financial Officer & Corporate Secretary, April Hayward as Chief Sustainability Officer and Matt MacPhail as Chief Technical Officer. Mr. Steven Thomas has joined the company as Vice President Finance, Secretary & Chief Financial Officer. Mr. Thomas brings some 25 years of experience and significant knowledge [...]

Mountain Province Diamonds Inc. today announces production, sales and preliminary unaudited cost results for the fourth quarter and year ended December 31, 2021 from the Gahcho Kué Diamond Mine. All figures are expressed in Canadian dollars unless otherwise noted. Q4 and FY 2021 Summary 1,511,253 carats recovered during Q4 at an average grade of 1.86 carats per tonne. Full year 2021 production of 6.23 million carats [...]

Mountain Province Diamonds Inc. is pleased to announce further details regarding its proposed financing arrangement involving its largest shareholder, Mr. Dermot Desmond. While the arrangements are non-binding, Mountain Province is working with its largest shareholder, Mr. Dermot Desmond, to reach binding agreements in early 2022. The Proposed Arrangement is subject to, among other things, finalization of the specific [...]

Mountain Province Diamonds Inc. today announces that it has executed a non-binding term sheet with its largest shareholder, Mr. Dermot Desmond, for a proposed balance sheet strengthening package to provide increased financial flexibility to the Company. While the arrangements are non-binding, Mountain Province is working with Mr. Desmond in an effort to reach binding agreements early in 2022. The Proposed Arrangement is [...]

Mountain Province Diamonds Inc. announces the declaration of an outbreak of Covid-19 at Gahcho Kué by the Office of the Chief Public Health Officer in the Northwest Territories. The entire workforce at Gahcho Kué is fully vaccinated against Covid-19, and at this time no material impact to production is expected. Four cases of Covid-19 have been detected at Gahcho Kué, with three individuals exhibiting mild cold-like [...]

Mountain Province Diamonds Inc. is pleased to announce the results of its most recent December 2021 diamonds sale, as well as the aggregate sales results for the fourth quarter of 2021. During the most recent December 2021 sale, 388,573 carats were sold for total proceeds of $42.7 million, resulting in an average value of $110 per carat. This continues the steady improvement through the fourth quarter of 2021 where [...]

Mountain Province Diamonds Inc. today provides an update for its 100%-held Kennady North Project. Following staking in early 2020 that increased the Kennady North Project area by 35 percent, three additional claims have now been staked and filed with the government recorder for the Northwest Territories. These new claims are important to Mountain Province Diamonds as they are to the east of significant clusters of [...]