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Mountain Province Diamonds Inc.
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Overview

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Description

Mountain Province Diamonds Inc. is a mining company that specializes in the exploration and production of rough diamonds. Primarily, the company operates the Gahcho Kué Diamond Mine located in Canada's Northwest Territories, which it co-owns with the renowned mining giant De Beers. The mine is one of the world’s largest and most significant sources of diamonds, contributing substantial volumes to the gem-quality diamond market. Mountain Province Diamonds focuses on sourcing high-quality stones, catering to various industries, including luxury jewelry and commercial sectors. The company's operations highlight the importance of sustainability and environmental stewardship in mining. Mountain Province Diamonds Inc. plays a crucial role in the Canadian diamond industry, and its contributions to the gemstone market are marked by its commitment to responsible mining practices and community engagement. With robust expertise in diamond extraction and a strategic partnership with De Beers, Mountain Province Diamonds maintains a pivotal position in the global diamond supply chain.

About

CEO
Mr. Jonathan Christopher James Comerford B.A., B.A. (Econ.)
Employees
8
Address
151 Yonge Street
Suite 1100
Toronto, M5C 2W7, ON
Canada
Phone
416 361 3562
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Precious Metals & Mining
Country
United States
MIC code
PINX
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Latest press releases

Mar 24, 2026
Mountain Province Diamonds Announces Revised Details for Q4 and Full-Year 2025 Earnings Release and Conference Call

TSX and OTC: MPVD

TORONTO and NEW YORK, March 24, 2026 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province" or the "Company") (TSX: MPVD) and (OTC: MPVD) announces revised details for its fourth quarter and full-year 2025 earnings release and conference call. The delay in the issuance of fourth quarter and year-end 2025 results is due to the financial audit process not being completed by the planned date.

Revised Earnings Release and Conference Call Details

Prior to the conference call, the Company will release Q4 and full-year 2025 financial results on March 31, 2026 after-market, in line with its statutory reporting deadline. The Company will now host its fourth quarter and full-year 2025 conference call on 01 April, 2026 at 11:00am ET.

Conference Call Dial-in Details:

Title: Mountain Province Diamonds Inc Q4 2025 and Full-Year 2025 Earnings Conference Call

Conference ID: 34420

Date of call: 04/01/2026

Time of call: 11:00 Eastern Time

Expected Duration: 60 minutes

Webcast Link:

https://app.webinar.net/wqvjeyWlN8L

Participant Toll-Free Dial-In Number:             (+1) 888-699-1199

Participant International Dial-In Number:       (+1) 416-945-7677

A replay of the webcast and audio call will be available on the Company's website.

About Mountain Province Diamonds Inc.

Mountain Province is a 49% participant with De Beers in the Gahcho Kué Mine (the "GK Mine") located in Canada's Northwest Territories. The GK Mine joint venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls more than 96,000 hectares of highly prospective mineral claims and leases surrounding the GK Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites.

For further information on Mountain Province Diamonds and to receive news releases by email, visit the Company's website at www.mountainprovince.com.

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.  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 the negotiating stances taking by the parties regarding the IKE Notices and the risk that discussions with De Beers do not prove successful, the risk that De Beers commences enforcement under the JVA and accelerates other amounts due to it; the risk that proceeds of diamond sells being less than anticipated, the risk that De Beers issues an event of default notice under the JVA (rather than an IKE) in respect of future cash call arrears; risks relating to the 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. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

FOR FURTHER INFORMATION, PLEASE CONTACT: Jonathan Comerford, President and CEO, E-mail: info@mountainprovince.com

Cision View original content:https://www.prnewswire.co.uk/news-releases/mountain-province-diamonds-announces-revised-details-for-q4-and-full-year-2025-earnings-release-and-conference-call-302723988.html

Nov 12, 2025
Mountain Province Diamonds Announces Leadership and Operational Update

TSX and OTC: MPVD

TORONTO, Nov. 12, 2025 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVD) today announces that the President & CEO Mark Wall, has resigned from the Company to pursue other opportunities.  Mark will remain with the Company until December 19, 2025, to ensure a smooth transition.

As reported in the Company news release of November 6, 2025 regarding the Company's Q3 results, mining through the transitional phase of the high grade 5034-NEX orebody has commenced and this material is being processed.  In addition, the five -day plant maintenance shutdown was completed during Q3 and the Gahcho Kué mine ("GK Mine") is now well positioned for strong performance in Q4 2025 and 2026.

The Board of Directors, together with its Nomination Committee, will commence a process to fill the role of President and CEO. The Company will provide an update in due course.

Jonathan Comerford, the Company's Chairman, commented:

"On behalf of the Board, I would like to thank Mark for his substantial contribution to the Company and the operations of the GK mine over the past four years, during what has been a very challenging period for both the Company and the diamond industry as a whole. We wish him every success in his future endeavours."

About Mountain Province Diamonds Inc.

Mountain Province is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories. The Gahcho Kué Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls more than 96,000 hectares of highly prospective mineral claims and leases surrounding the Gahcho Kué Mine that include an Indicated mineral resource for the Kelvin kimberlite and Inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) in 8.50 million tonnes (Mt) at a grade of 1.60 carats/tonne and value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/tonne and value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct in 1.87Mt at a grade of 1.04 carats/tonne and value of US$75/carat. All resource estimations are based on a 1mm diamond size bottom cut-off.

For further information on Mountain Province Diamonds and to receive news releases by email, visit the Company's website at www.mountainprovince.com.

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 Tom McCandless, Ph.D., P.Geo, and Tysen Hantelmann, P. Eng., independent advisors to the Company and Qualified Persons 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 operational hazards, including possible disruption due to pandemic such as COVID-19, its impact on travel, self-isolation protocols and business and operations, 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 the development of operation hazards which could arise in relation to COVID-19, including, but not limited to protocols which may be adopted to reduce the spread of COVID-19 and any impact of such protocols on Mountain Province's business and operations, 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. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

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.

FOR FURTHER INFORMATION, PLEASE CONTACT: Steven Thomas, CFO, 151 Yonge Street, Suite 1100, Toronto, Ontario  M5C 2W7, Phone: (416) 361-3562, E-mail: info@mountainprovince.com

Cision View original content:https://www.prnewswire.co.uk/news-releases/mountain-province-diamonds-announces-leadership-and-operational-update-302613099.html

Access /press_releases data via our API — starting from the Basic plan and above.
Market closed

Pre-market opens in 2 days 15 hours 25 minutes
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14:34
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).