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Mountain Province Diamonds Extends Maturity on Credit Facility and Sells US$999,999 of Diamond Sale Receivables

Newswire.ca - Fri May 1, 5:45AM CDT

TSX and OTC: MPVD

TORONTO and NEW YORK, May 1, 2026 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province" or the "Company") (TSX: MPVD) (OTC: MPVD) announces today that it is (a) extending the maturity date on its term loan and the principal repayment date under the working capital facility to June 30, 2026; and (b) selling its right, title and interest to US$999,999 of receivables from the sale of its share of diamonds from the Gahcho Kué diamond mine (the "GK Mine") in the Northwest Territories for a purchase price of US$833,000.

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