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Mountain Province Diamonds Announces Mailing of Meeting Materials For Annual and Special Meeting of Shareholders to Approve Additional Working Capital Facility
Mountain Province Diamonds Announces Mailing of Meeting Materials For Annual and Special Meeting ...
About this update from Mountain Province Diamonds Inc.
[{"type":"text","content":"\n\n\n\n Mountain Province Diamonds Announces Mailing of Meeting Materials For Annual and Special Meeting of Shareholders to Approve Additional Working Capital Facility\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n TSX and OTC: MPVD\n \n\n\n\n\n TORONTO\n \n and\n \n NEW YORK\n \n\n ,\n \n\n April 25, 2025\n \n\n /CNW/ - Mountain Province Diamonds Inc. (\"\n \n\n Mountain Province\n \n\n \" or the \"\n \n Company\n \n \") (TSX: MPVD) (OTC: MPVD) announces today that the Company has mailed and filed its notice of meeting, management information circular (the \"\n \n Circular\n \n \") and related documents (collectively, the \"\n \n Meeting Materials\n \n \") to the holders (the \"\n \n Shareholders\n \n \") of common shares of the Company (the \"\n \n Shares\n \n \") in connection with the annual and special meeting of Shareholders to be held virtually\n \n\n meetnow.global/MC9DXS6\n \n\n at 11:00\n \n\n a.m. (EST) on May\n \n\n 16, 2025 (the \"\n \n Meeting\n \n \"). The Meeting Materials will be filed on the Company's SEDAR+ profile at\n \n www.sedarplus.ca\n \n and will be accessible on the Company's website at\n \n www.mountainprovince.com\n \n .\n \n\n In addition, to the routine matters of the election of directors, approval of the financial statements and the appointment of the Company's auditor, at the Meeting, Shareholders will be asked to pass an ordinary resolution (the \"\n \n WCF Resolution\n \n \") approving a new working capital facility (the \"\n \n Proposed\n \n\n WCF\n \n \") from Dunebridge Worldwide Ltd. (\"\n \n Dunebridge\n \n \"), a related party of the Company, in the amount of\n \n CAD33,000,000\n \n , or the USD equivalent amount (the \"\n \n Principal Amount\n \n \").\n \n\n The Company expects that, combined with the Company's recently completed refinancing transactions announced on\n \n February 19, 2025\n \n and\n \n March 25, 2025\n \n (the \"\n \n Refinancing Transactions\n \n \"), the Proposed WCF will address the majority of the Company's cash flow requirements through the balance o...