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Mountain Province Diamonds Announces Successful Analyst Site Tour, Repurchases of Senior Secured Second Lien Notes, and Details of Second Quarter 2022 Earnings Release and Conference Call
Mountain Province Diamonds Announces Successful Analyst Site Tour, Repurchases of Senior ...
About this update from Mountain Province Diamonds Inc.
[{"type":"text","content":"\n \n \n \n Mountain Province Diamonds Announces Successful Analyst Site Tour, Repurchases of Senior Secured Second Lien Notes, and Details of Second Quarter 2022 Earnings Release and Conference Call\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 OTCQX: MPVD\n \n \n \n \n \n TORONTO\n \n and\n \n NEW YORK\n \n \n ,\n \n \n July 25, 2022\n \n \n /CNW/ - Mountain Province Diamonds Inc. (\"Mountain Province\", the \"Company\") (TSX: MPVD) (OTC: MPVD) is pleased to announce the successful completion of its first analyst site tour since 2019, taking place on\n \n Wednesday July 20\n \n \n th\n \n . The Company also wishes to announce that it has entered into separate, privately negotiated transactions with certain holders of its outstanding 8.000% Senior Secured Second Lien Notes due 2022 (the \"Notes\") to repurchase for cancellation approximately\n \n US$26.4 million\n \n aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately\n \n US$25.4 million\n \n (collectively, the \"Repurchases\").\n \n \n Additionally, the company wishes to provide details for the release of its Q2 2022 earnings release and conference call.\n \n \n \n Site Tour\n \n \n \n Mountain Province Diamonds hosted a Site Tour to the Gahcho Kué Mine on\n \n July 20th\n \n , with financial analysts and advisors in attendance. In addition to visiting the active mining/processing areas of Gahcho Kué, the tour also visited the Kelvin Exploration Camp, where all recent exploration activity at the Kennady North Project, as well as the imminent summer 2022 drill program will be executed from. Present at the site tour was covering Equity Research Analyst\n \n Kieron Hodgson\n \n of Panmure Gordon, a UK-based Investment Bank which has coverage on the Company. Access to his research can be found via equity research portal Research-Tree.com.\n \n \n The Company cautions that any such research provides a third-party view of the Company and is not endorsed by the Company.  The Company will not redistribut...