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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.


TSX:MPVD - Post by User

Post by diamondminderon May 01, 2007 9:35am
286 Views
Post# 12702277

TSX Venture Exchange Daily Bulletins

TSX Venture Exchange Daily Bulletins CAMPHOR VENTURES INC. ("CFV") BULLETIN TYPE: Delist-Offer to Purchase BULLETIN DATE: April 30, 2007 TSX Venture Tier 2 Company "Effective at the close of business April 30, 2007, the common shares of Camphor Ventures Inc. will be delisted from TSX Venture Exchange. The delisting of the Company's shares results from Mountain Province Diamonds Inc. purchasing 93.3% of the Company's shares pursuant to an Offer to Purchase/Arrangement Agreement dated February 23, 2007. Camphor shareholders will receive 0.41 shares of Mountain Province for every Camphor share held, 0.41 Mountain Province options for each Camphor option held and 0.41 Mountain Province warrants for each Camphor warrant held. For further information please refer to the Directors' Circular of Camphor dated February 23, 2007 and the Company's news release dated February 7, 2007."
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