7 April 2015
Toronto and New York, April 7, 2015 – Mountain Province Diamonds Inc. (“Mountain Province”, the “Company”) (TSX: MPV, NASDAQ: MDM) is pleased to announce that the Company has closed the previously announced US$370M term loan facility (the “Facility”) with a syndicate of lenders led by Natixis S.A., Scotiabank and Nedbank Ltd., and including ING Capital LLC, Export Development Canada and the Bank of Montreal. The maximum term of the Facility is seven years and the interest rate is US$ LIBOR plus 5.5 percent.