Market Overview

Bottin Acquisition of Mountain Province Diamonds Inc. Common Shares

Share:

TORONTO, ONTARIO--(Marketwire - Dec. 10, 2012) - Bottin (International) Investments Ltd. ("Bottin") - 57/63 Line Wall Road, Gibraltar J1, announced today that it has acquired ownership of 4,956,686 common shares of Mountain Province Diamonds Inc. ("Mountain Province"). The common shares were acquired as part of a rights offering.

Prior to the acquisition, Bottin owned or controlled approximately 17,324,804 common shares of Mountain Province representing approximately 21.08% of the issued and outstanding common shares of Mountain Province.

Following the acquisition of Mountain Province common shares, Bottin holds 22,281,490 Mountain Province Common shares, representing 23.661% of the outstanding common shares of Mountain Province.

The acquisition by Bottin of the common shares was made for investment purposes. Bottin may increase or reduce its investment in Mountain Province according to market conditions or other relevant factors.

FOR FURTHER INFORMATION PLEASE CONTACT:
Jonathan Comerford
+353 1 605 4444

 

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→