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Mountain Province Diamonds Announces Results of Annual and Special Meeting and Planned Voluntary Delisting Date from the Toronto Stock Exchange
Mountain Province Diamonds Announces Results of Annual and Special Meeting and Planned Voluntary Delisting Date from the Toronto Stock
About this update from Mountain Province Diamonds Inc.
TSX and OTC: MPVDTORONTO, July 2, 2026 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province" or the "Company") (TSX: MPVD) and (OTC: MPVD) is pleased to announce the voting results from its annual and special meeting (the "Meeting") of shareholders of the Company (the "Shareholders") held June 30, 2026, virtually in Toronto, Ontario. A total of 111,152,890 common shares (the "Shares") were represented virtually or by proxy at the Meeting, representing 52.28% of the issued and outstanding Shares.Election of directors and other routine mattersShareholders approved resolutions to set the number of directors at five and elected the following directors to hold office on the board of directors (the "Board") until the next annual meeting of shareholders, as detailed in the table below:Name of NomineeVotes ForVotes WithheldNumber of VotesPercentage of VotesNumber of VotesPercentage of VotesJonathan Comerford99,451,14894.35 %5,956,0135.65 %Brett Desmond99,425,97894.33 %5,981,1835.67 %In other routine annual meeting matters, Shareholders voted to re-approve the Company's long-term incentive plan as required by the Toronto Stock Exchange (the "TSX") and voted to authorize the Board to fix the remuneration of the auditors as such. The Board is undertaking a concerted search to fill the three (3) vacancies on the Board and the casual vacancy of the role of auditor of the Company following the resignation of KPMG LLP, Chartered Accountants.USD$1 million facility fee (the "Facility Fee") to Dunebridge Worldwide Ltd. ("Dunebridge") receives requisite disinterested shareholder approvalThe requisite number of disinterested Shareholders approved the Facility Fee under the amended and restated bridge loan agreement dated May 13, 2025, as amended, among Dunebridge, the Company and the guarantors named therein in accordance with TSX Company Manual (the "Manual") and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101").Votes ForVotes AgainstExcluded VotesNumber of VotesPercentage of VotesNumber of VotesPercentage of VotesApproval of the Facility Fee as required by the Manual29,122,90597.20 %838,1852.80 %75,446,071Approval of the Facility Fee as required by MI 61-10128,821,49697.17 %838,1852.83 %75,747,480Mr. Dermot Desmond, t...
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