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Mountain Province Diamonds Inc.

10:42 AM EST - Mountain Province Diamonds Inc. : Announced further details regarding its proposed financing arrangement involving its largest shareholder, Dermot Desmond. While the arrangements are non-binding, Mountain Province is working with Desmond to reach binding agreements in early 2022. The Proposed Arrangement is subject to, among other things, finalization of the specific terms thereof, negotiation and execution of definitive documentation, receipt of all required regulatory approvals, and the approval of the Company's disinterested shareholders. Mountain Province Diamonds Inc. shares T.MPVD are trading down $0.03 at $0.78.