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Mountain Province Diamonds Inc (MPVD.TO)

MPVD.TO on Toronto Stock Exchange

1.66CAD
14 Dec 2018
Change (% chg)

$-0.02 (-1.19%)
Prev Close
$1.68
Open
$1.63
Day's High
$1.67
Day's Low
$1.62
Volume
72,791
Avg. Vol
213,565
52-wk High
$3.72
52-wk Low
$1.54

Latest Key Developments (Source: Significant Developments)

Vertigol Unlimited Company Announces Transactions In Mountain Province Diamonds Inc.
Tuesday, 18 Sep 2018 02:33pm EDT 

Sept 18 (Reuters) - VERTIGOL UNLIMITED COMPANY :VERTIGOL UNLIMITED COMPANY ANNOUNCES TRANSACTIONS IN MOUNTAIN PROVINCE DIAMONDS INC..VERTIGOL UNLIMITED COMPANY - ACQUIRED 6.2 MILLION COMMON SHARES OF MOUNTAIN PROVINCE DIAMONDS FROM ONE SELLER FOR C$2.90 PER MPVD COMMON SHARE.VERTIGOL UNLIMITED COMPANY - FOLLOWING COMPLETION OF TRANSACTIONS, VERTIGOL HELD 58.6 MILLION COMMON SHARES (ABOUT 27.9%) OF MPVD.  Full Article

Mountain Province Diamonds Appoints Stuart Brown As Incoming President And CEO
Tuesday, 15 May 2018 05:00am EDT 

May 15 (Reuters) - Mountain Province Diamonds Inc ::MOUNTAIN PROVINCE DIAMONDS ANNOUNCES THE APPOINTMENT OF STUART BROWN AS INCOMING PRESIDENT AND CEO.STUART BROWN'S APPOINTMENT AS NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER WITH EFFECT FROM JULY 1, 2018.  Full Article

Mountain Province And Kennady Shareholders Approve Business Combination
Monday, 9 Apr 2018 08:39pm EDT 

April 9 (Reuters) - Mountain Province Diamonds ::MOUNTAIN PROVINCE AND KENNADY SHAREHOLDERS OVERWHELMINGLY APPROVE BUSINESS COMBINATION.ASSUMING ALL APPROVALS ARE OBTAINED, CO AND KENNADY CURRENTLY ANTICIPATE CLOSING OF ARRANGEMENT TO OCCUR ON APRIL 13, 2018.  Full Article

Kennady Diamonds Says ISS & Glass Lewis, Recommend Mountain Province & Kennady Shareholders Vote For Business Combination
Thursday, 22 Mar 2018 06:20pm EDT 

March 22 (Reuters) - Kennady Diamonds Inc ::KENNADY DIAMONDS - ISS & GLASS LEWIS, RECOMMEND SHAREHOLDERS OF MOUNTAIN PROVINCE & KENNADY VOTE FOR BUSINESS COMBINATION.  Full Article

Kennady Diamonds Obtains Interim Order For Plan Of Arrangement
Monday, 5 Mar 2018 08:12pm EST 

March 5 (Reuters) - Kennady Diamonds Inc ::KENNADY OBTAINS INTERIM ORDER FOR PLAN OF ARRANGEMENT.KENNADY DIAMONDS - ‍INTERIM ORDER AUTHORIZES CO TO HOLD SPECIAL SHAREHOLDERS MEETING TO APPROVE ARRANGEMENT FOR ACQUISITION BY MOUNTAIN PROVINCE OF CO.  Full Article

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