Mountain Province Diamonds Announces Changes to The Board of Directors, Reminds Shareholders of Annual General Meeting

10 September 2021

TSX and OTCQX: MPVD

TORONTO and NEW YORK, Sept. 8, 2021 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTCQX: MPVD) today announces changes to its Board of Directors. Additionally, the company reminds shareholders of its upcoming virtual Annual General Meeting ("AGM").

Mr. Tom Peregoodoff has tendered his resignation from the Board of Directors with immediate effect. Mr. Peregoodoff joined the board in 2019 and served on the Corporate Governance and Nominating Committee, as well as the Audit and Risk Committee. In addition to these formal roles, Mr. Peregoodoff made valuable contributions to the Company in the areas of exploration, operations and business development.

Jonathan Comerford, the Company's Chairman commented: "On behalf of all of us, I would like to thank Tom for his service to Mountain Province Diamonds and wish him well as he turns his focus to a leadership role in the precious metals industry. His many years of practical experience in the mining industry, which he brought to the Board, served the company well."

Reminder of 2021 Annual General Meeting of Shareholders

The Company wishes to remind shareholders of the upcoming virtual Annual General Meeting ("AGM") being held at 11:00AM EDT on Tuesday September 14th, 2021. Shareholders of record as of the close of business on August 5, 2021, being the record date, are eligible to vote at the meeting. Details on how to attend the AGM are available on the company's website at https://www.mountainprovince.com/agm. Further details of the AGM are contained in the Company's 2021 Management Information Circular, which is available on SEDAR at www.sedar.com.