Mountain Province Diamonds extends loan maturity and sells $833K in diamond receivables to boost cash flow.

Mountain Province Diamonds has extended the maturity date of its $40 million term loan and $33 million working capital facility to June 30, 2026. The company also sold $999,999 of diamond sale receivables from its 49% share in the Gahcho Kué mine for $833,000 to a related party, providing immediate operating capital. These moves aim to improve the company's financial position amid market challenges while it explores strategic alternatives. Discussions continue with joint venture partner De Beers to manage cash flow and joint venture operations going forward.