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Mountain Province Diamonds Inc (MPVD.OQ)

MPVD.OQ on NASDAQ Stock Exchange Global Select Market

2.70USD
23 Feb 2018
Change (% chg)

$0.05 (+1.89%)
Prev Close
$2.65
Open
$2.70
Day's High
$2.70
Day's Low
$2.70
Volume
101
Avg. Vol
9,247
52-wk High
$4.30
52-wk Low
$2.45

Latest Key Developments (Source: Significant Developments)

Mountain Province Diamonds Prices $330 Mln Senior Secured Second Lien Notes
Friday, 1 Dec 2017 02:01pm EST 

Dec 1 (Reuters) - Mountain Province Diamonds Inc ::MOUNTAIN PROVINCE DIAMONDS PRICES NEW US$330,000,000 SENIOR SECURED SECOND LIEN NOTES.SAYS PRICING OF ITS OFFERING OF $330 MILLION SENIOR SECURED SECOND LIEN NOTES DUE DECEMBER 15, 2022.SAYS COUPON OF NOTES WILL BE 8.000% PER YEAR FROM DATE OF ISSUANCE, PAYABLE SEMI-ANNUALLY IN ARREARS.SAYS ‍NOTES WILL BE ISSUED AT 97.992% OF AGGREGATE PRINCIPAL AMOUNT​.SAYS INTENDS TO ENTER INTO A US$50 MILLION FIRST LIEN REVOLVING CREDIT AGREEMENT WITH A BANKING GROUP.  Full Article

Mountain Province Diamonds announces private offering of senior secured second lien notes
Monday, 27 Nov 2017 07:14am EST 

Nov 27 (Reuters) - Mountain Province Diamonds Inc ::MOUNTAIN PROVINCE DIAMONDS ANNOUNCES PRIVATE OFFERING OF SENIOR SECURED SECOND LIEN NOTES.MOUNTAIN PROVINCE DIAMONDS - ‍INTENDS TO OFFER $325 MILLION AMOUNT OF SENIOR SECURED SECOND LIEN NOTES DUE 2022 ON PRIVATE PLACEMENT BASIS​.MOUNTAIN PROVINCE DIAMONDS - TO USE PART OF NET PROCEEDS FROM OFFERING TO FULLY REPAY AND TERMINATE $370 MILLION PROJECT LOAN FACILITY​.  Full Article

Mountain Province Diamonds' attributable share of Q3 diamond production was about 894,000 carats​
Tuesday, 24 Oct 2017 04:00am EDT 

Oct 24 (Reuters) - Mountain Province Diamonds Inc :Mountain Province Diamonds says ‍mining of overburden, waste rock & ore in 5034 open pit for Q3 was about 8.3 million tonnes, with about 695,000 tonnes of ore​.‍company's attributable share of Q3 diamond production was approximately 894,000 carats​.  Full Article

Mountain Province Diamonds provides update on loan facility
Tuesday, 29 Aug 2017 05:00pm EDT 

Aug 30 (Reuters) - Mountain Province Diamonds Inc :Mountain Province Diamonds provides update on loan facility and extension of lenders' waiver.Mountain Province Diamonds - Co & lenders agreed to limit utilization of facility to current outstanding balance of $357 million than maximum facility of $370 million​.Mountain Province Diamonds Inc - ‍Received an extension of waiver for funding of remaining reserve accounts until November 30, 2017​.  Full Article

Mountain Province Diamonds quarterly earnings per share C$0.05
Wednesday, 9 Aug 2017 04:47pm EDT 

Aug 9 (Reuters) - Mountain Province Diamonds Inc :Quarterly earnings per share C$0.05.Mountain Province Diamonds - attributable share of diamond production for quarter was approximately 790,900 carats, 86 percent higher than Q1​.Qtrly sales C$27,648 million.  Full Article

Mountain province says GK Mine in Q2 treated about 767,000 tonnes of ore through process plant
Thursday, 20 Jul 2017 02:00am EDT 

July 20 (Reuters) - Mountain Province Diamonds Inc :In Q2 , GK mine treated about 767,000 tonnes of ore through process plant.GK mine in q2 recovered about 1,614,000 carats on a 100% basis for an average grade of about 2.10 carats per tonne.Gk mine diamond processing plant averaged 8,618 tonnes of kimberlite processed per day in q2.Patrick evans has now resigned as a director of mountain province, following his departure in early june as chief executive officer.  Full Article

Mountain Province Diamonds qtrly loss per share $0.05
Wednesday, 29 Mar 2017 08:30am EDT 

Mountain Province Diamonds Inc : Mountain Province Diamonds announces FY 2016 results . Mountain Province Diamonds Inc qtrly loss per share $0.05 . Says company expects to be able to provide 2017 production and revenue guidance during Q2 of 2017 . Mountain Province Diamonds -company expects to require further waivers in respect of other reserve account funding requirements at September 30, 2017 .Mountain Province Diamonds-expects to sell about 201,000 carats, due to timing of production, sales, co to reflect revenue during June 2017.  Full Article

Mountain Province Diamonds says Gahcho Kué officially began commercial production
Thursday, 2 Mar 2017 06:17pm EST 

Mountain Province Diamonds Inc : Mountain Province Diamonds Inc says Gahcho Kué officially began commercial production .Gahcho Kué is expected to produce approximately 54 million carats of rough diamonds over its lifetime.  Full Article

Mountain Province Diamonds
Thursday, 26 Jan 2017 08:03am EST 

Mountain Province Diamonds Inc : Mountain Province Diamonds announces production results for the fourth quarter ended December 31, 2016 and completion of first diamond sale . Mountain Province diamonds-level of demand for small lower-quality diamonds was disappointing, but expect improvements as indian liquidity issues abate . Mountain Province Diamonds- total mining of waste and ore from 5034 open pit for twelve months to December 31, 2016 was approximately 22.5 million tonnes .Mountain Province Diamonds Inc - next sale is scheduled to commence on February 20, 2017, and will occur once every five weeks thereafter.  Full Article

Mountain Province Diamonds reports resignation of cfo
Thursday, 22 Dec 2016 05:00pm EST 

Mountain Province Diamonds Inc : Mountain Province Diamonds Inc says that Bruce Ramsden, vice president finance and cfo, has tendered his resignation with effect from January 31, 2017 . Mountain Province Diamonds - pending appointment of Ramsden's successor Jennie Ly will serve as acting cfo with effect from February 1, 2017 .Mountain Province Diamonds announces resignation of cfo and appointment of acting cfo.  Full Article

BRIEF-Mountain Province Diamonds To Acquire Kennady Diamonds In All-Share Offer

* MOUNTAIN PROVINCE DIAMONDS TO ACQUIRE KENNADY DIAMONDS IN A FRIENDLY ALL-SHARE OFFER

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