TSX and NASDAQ: MPVD
TORONTO and NEW YORK, March 7,
2019 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province", the "Company")
(TSX and NASDAQ: MPVD) provides the details of its Q4 and Full Year 2018 earnings release and conference call.
The Company will release Q4 and Full Year 2018 financial results on Wednesday March
20th, 2019 after market hours. The Company will host its quarterly conference call on Thursday March 21st, 2019 at 11:00am EST.
Conference Call Dial-In Details:
Title: Mountain Province Diamonds Inc Q4 and Year End Earnings Conference Call
Conference ID: 5158739
Date of call: 03/21/2019
Time of call: 11:00 Eastern Time
Expected Duration: 30 minutes
Webcast Link: https://edge.media-server.com/m6/p/dtcvb9mr
Participant Toll-Free Dial-In Number: (866) 300-0510
Participant International Dial-In Number: (636) 812-6656
A replay of the webcast and audio call will be available on the Company's website.
Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in
Canada's Northwest Territories. Gahcho Kué is the world's largest new diamond mine,
consisting of a cluster of four diamondiferous kimberlites, three of which are being developed and mined under the initial 12
year mine plan.
Qualified Person
The disclosure in this news release of scientific and technical information regarding Mountain
Province's mineral properties has been reviewed and approved by Keyvan Salehi, P.Eng., MBA,
a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.
Caution Regarding Forward Looking Information
This news release contains certain "forward-looking statements" and "forward-looking information" under applicable
Canadian and United States securities laws concerning the business, operations and financial
performance and condition of Mountain Province Diamonds Inc. Forward-looking statements and forward-looking information
include, but are not limited to, statements with respect to estimated production and mine life of the project of Mountain Province; the realization of mineral reserve estimates; the timing and amount of estimated future
production; costs of production; the future price of diamonds; the estimation of mineral reserves and resources; the ability to
manage debt; capital expenditures; the ability to obtain permits for operations; liquidity; tax rates; and currency exchange rate
fluctuations. Except for statements of historical fact relating to Mountain Province,
certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently
characterized by words such as "anticipates," "may," "can," "plans," "believes," "estimates," "expects," "projects," "targets,"
"intends," "likely," "will," "should," "to be", "potential" and other similar words, or statements that certain events or
conditions "may", "should" or "will" occur. Forward-looking statements are based on the opinions and estimates of management
at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties
and other factors that could cause actual events or results to differ materially from those projected in the forward-looking
statements. Many of these assumptions are based on factors and events that are not within the control of Mountain Province and there is no assurance they will prove to be correct.
Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements
include variations in ore grade or recovery rates, changes in market conditions, changes in project parameters, mine sequencing;
production rates; cash flow; risks relating to the availability and timeliness of permitting and governmental approvals; supply
of, and demand for, diamonds; fluctuating commodity prices and currency exchange rates, the possibility of project cost overruns
or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or
processes to operate as anticipated.
These factors are discussed in greater detail in Mountain Province's most recent Annual
Information Form and in the most recent MD&A filed on SEDAR, which also provide additional general assumptions in connection
with these statements. Mountain Province cautions that the foregoing list of important factors is not
exhaustive. Investors and others who base themselves on forward-looking statements should carefully consider the above
factors as well as the uncertainties they represent and the risk they entail. Mountain Province believes that the
expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements included in this news release should not be unduly relied
upon. These statements speak only as of the date of this news release.
Although Mountain Province has attempted to identify important factors that could cause
actual actions, events or results to differ materially from those described in forward-looking statements, there may be other
factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Mountain Province undertakes no obligation to update
forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable
securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Statements
concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they
involve estimates of the mineralization that will be encountered as the property is developed.
Further, Mountain Province may make changes to its business plans that could affect its
results. The principal assets of Mountain Province are administered pursuant to a joint
venture under which Mountain Province is not the operator. Mountain Province is exposed to
actions taken or omissions made by the operator within its prerogative and/or determinations made by the joint venture under its
terms. Such actions or omissions may impact the future performance of Mountain Province. Under its current note and
revolving credit facilities Mountain Province is subject to certain limitations on its ability
to pay dividends on common stock. The declaration of dividends is at the discretion of Mountain
Province's Board of Directors, subject to the limitations under the Company's debt facilities, and will depend on
Mountain Province's financial results, cash requirements, future prospects, and other factors
deemed relevant by the Board.
Keyvan Salehi, Investor Relations, 161 Bay Street, Suite 1410, Toronto, Ontario M5J 2S1, Phone: (416) 361-3562, E-mail: info@mountainprovince.com