Bullboard - Stock Discussion Forum Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

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... see more

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Mountain Province Diamonds Inc > New Press Release - Mountain Province Diamonds Announces Intention to Voluntarily Terminate SEC Reporting Obligations

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Post by PressRelease on Mar 10, 2023 5:01pm

New Press Release - Mountain Province Diamonds Announces Intention to Voluntarily Terminate SEC Reporting Obligations

TSX and OTC: MPVDTORONTO and NEW YORK, March 10, 2023 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province" or the "Company") (TSX: MPVD) (OTC: MPVD) today announces that it will voluntarily file a Form 15F with the United States Securities and Exchange Commission (the "SEC") to...read article.

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Comment by Macloud1 on Mar 11, 2023 9:49am

What this tells me, is that the management does not see the company trading on the American exchange anytime soon. They are very tight on cashflow . if they can't afford the expense of filing the reports on the American exchange.

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Comment by claymore55 on Mar 11, 2023 1:38pm

I agree. The cost of listing in the USA is approximately $250,000.00/ US/ per year. I suppose they see the debt load as an impediment to active trading.

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Mountain Province Diamonds Inc