10 April 2018
Mountain Province Diamonds Inc. and Kennady Diamonds Inc. are pleased to announce that all resolutions in connection with their proposed business combination to be completed by way of a plan of arrangement were overwhelmingly approved today at the special meeting of shareholders of Mountain Province and at the special meeting of shareholders of Kennady. David Whittle, Interim President and Chief Executive Officer of Mountain Province, noted: "The Kennady acquisition notably strengthens Mountain Province’s asset base. The Kelvin and Faraday resources offer a compelling opportunity to not only extend life of mine at Gahcho Kué, but to potentially enhance the cash flow profile of the current mine plan. We are deeply grateful for the level of support we have received from our shareholders on this transaction."