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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 arlekinoon Sep 12, 2017 7:32am
263 Views
Post# 26683469

19 September !!!! The moment of truth...

19 September !!!! The moment of truth... DOMINION DIAMOND MAILS MANAGEMENT INFORMATION CIRCULAR FOR SPECIAL MEETING OF SHAREHOLDERS Dominion Diamond Corp. has mailed the management information circular and related materials for the special meeting of the shareholders of the company to approve the plan of arrangement pursuant to which Northwest Acquisitions ULC, an entity affiliated with The Washington Companies, has agreed to acquire all of the issued and outstanding common shares of the company for $14.25 (U.S.) per share in cash, all as more particularly described in the circular. The meeting is scheduled for 10 a.m. MT on Sept. 19, 2017, at 444 7 Ave. SW, second floor, conference room A and B, Calgary, Alta. Shareholders of record as of the close of business on July 31, 2017, are entitled to receive notice of and vote at the meeting. The board of directors of the company, based in part on the recommendation of the special committee of the company's board of directors and after receiving advice from its legal and financial advisers, has unanimously determined that the arrangement is in the best interests of the company and recommended that shareholders of the company vote in favour of the arrangement. Institutional Shareholder Services Inc. (ISS) and Glass, Lewis & Co. LLC, two leading independent proxy advisory firms, have both recommended that shareholders of Dominion Diamond Corp. vote for the special resolution at the upcoming special meeting of the shareholders to approve a statutory plan of arrangement, pursuant to which Northwest Acquisitions ULC, an entity affiliated with the Washington Companies, will acquire all of the issued and outstanding common shares of Dominion for a cash consideration of $14.25 (U.S.) per share Mr. Evans getting all ducks in a row !!!! Time.. Ke$ha - TiK ToK Northwest Acquisitions ULC is the name to watch on Targeted , Reuters or Morningstar list of MPVD shareholders!!!
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