Bridge Credit Facility

Mountain Province Diamonds (MPVD) is increasing its financial flexibility with a $10 million USD expansion of its bridge credit facility with Dunebridge Worldwide, bringing the total to $40 million USD. The “Additional Bridge Term Facility” shares the same maturity date and interest rate as the original. The deal requires shareholder approval due to Dunebridge’s related party status, using a “financial difficulty” exemption within MI 61-101. TSX conditional approval hinges on insider consideration remaining below a defined threshold.