28 April 2022
TORONTO and NEW YORK, April 28, 2022 /CNW/ - Mountain Province Diamonds Inc. (TSX: MPVD) (OTC: MPVDF) ("Mountain Province", or the "Company") has retained Integrous Communications as its investor relations advisor.
"We are committed to growing our investor reach and implement best practices in our corporate communications," stated Mark Wall, CEO of Mountain Province. "With their decades of experienced assisting companies like Mountain Province, we selected Integrous Communications as advisor. Their depth of relationships and sector expertise provides us with the best-in-class support to communicate our corporate and operational progress to existing and new shareholders."
Integrous Communications will assist Mountain Province with communicating its corporate, financial and investor developments to current shareholders and prospective investors, while enhancing awareness of the Company's story within the capital markets. Richard Matthews, Partner at Integrous Communications, will be the Company's primary investor contact.
"We are pleased to be engaging with Mountain Province as the Company's communications advisor," stated Richard Matthews, Managing Partner of Integrous Communications. "Mountain Province's recent milestones and future growth initiatives in both production and exploration, provides the ideal backdrop for Integrous to assist in expanding Mountain Province's awareness. We look forward to assisting with all aspects of management's corporate communications and investor relations initiatives."
Integrous Communications is an independent communications and investor relations consulting firm which provides integrated corporate communications services. Headquartered in Austin, Texas with locations across the US and Canada, the firm's diverse team of professionals has more than 100 years of combined experience. Integrous serves both domestic and international clients, including companies listed on the U.S., Canadian, Australian and European exchanges.
Mountain Province Diamonds 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 107,373 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.