Mountain Province Diamonds Provides Additional Detail On Proposed New Financing Arrangement
Round Type
Funding Round
Description
Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTCQX: MPVD) is pleased to announce further details regarding its proposed financing arrangement involving its largest shareholder, Mr. Dermot Desmond (the "Proposed Arrangement"). While the arrangements are non-binding, Mountain Province is working with its largest shareholder, Mr
Quick answer
Mountain Province Diamonds raised an undisclosed amount in a Funding Round round, dated December 31, 2021.
- How much did Mountain Province Diamonds raise?
- Mountain Province Diamonds raised an undisclosed amount in a Funding Round round on December 31, 2021.
- What does Mountain Province Diamonds do?
- The Company notes that its existing US$25M first lien revolving facility which matures on March 31, 2022 is currently undrawn but is expected to be utilized in the upcoming weeks as the 2022 winter ice road to resupply..
- Where is Mountain Province Diamonds based and how big is it?
- Fundz records about 7 employees.
Source: Fundz verified event record.
Who else raised in Commerce and Shopping and Sports around the same time
Companies in the same sectors as Mountain Province Diamonds that raised within 45 days of this round, from Fundz verified event records.
- Duplo raised $1.3M (Pre-Seed) on February 10, 2022.
- Branch raised $300M (Funding Round) on February 10, 2022.
- Wander raised $20M (Series A) on February 9, 2022.
- Livspace raised $180M (Funding Round) on February 8, 2022.
- Ferry raised $4M (Seed) on February 3, 2022.
- Lunchbox raised $50M (Series B) on February 1, 2022.
Who to call at Mountain Province Diamonds, and when
A new round usually means Mountain Province Diamonds is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mountain Province Diamonds raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mountain Province Diamonds, from your own LinkedIn network
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Fundz sees it the moment Mountain Province Diamonds raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Mountain Province Diamonds raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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