Mountain Province Diamonds sells up to US$5 million Gahcho Kué receivables to Dermot Desmond for up to US$4.17 million

  • Mountain Province sold rights to up to USD 5 million of Gahcho Kué diamond receivables to related party Dermot Desmond for up to USD 4.17 million.
  • Receivables can be purchased in tranches at 83.3% of face value; proceeds earmarked for near-term operating expenses.
  • Payment rights remain subject to De Beers in-kind election notices that can divert the joint venture’s diamond-sale proceeds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mountain Province Diamonds Inc. published the original content used to generate this news brief on June 15, 2026, and is solely responsible for the information contained therein.

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