Mountain Province Diamonds Inc. (“Mountain Province”, the “Company”) (TSX and NASDAQ: MPVD) today announced the completion of the second sale of Gahcho Kué diamonds at which the Company sold 277,646 carats. The Company received bids on all parcels offered, including unsold parcels carried over from the January sale, and sold all the parcels offered.
As quoted in the press release:
The Company’s third sale of approximately 193,900 carats of Gahcho Kué diamonds is scheduled for late March 2017. Detailed results of the cumulative first quarter sales will be released with the Company’s Q1 2017 financial results. Diamond sales will continue to occur once every five weeks and all future sales results will be reported with the Company’s quarterly and annual financial results.