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Gold/Mining/Energy : MPVIF Mountain Province Mining -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (2393)9/16/2002 7:05:46 PM
From: Al Collard  Read Replies (1) | Respond to of 2577
 
Mountain Province warrants exercised by De Beers Canada

Mon 16 Sept 2002

News Release

Mr. Jan Vandersande reports

DE BEERS EXERCISES MOUNTAIN PROVINCE DIAMONDS' WARRANTS
De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers
Consolidated Mines Ltd. (De Beers), has exercised its full allocation of
983,666 share purchase warrants at 80 cents for a total proceeds of
$786,932.80.
De Beers Canada, previously known as Monopros Ltd., purchased 1,967,333
units, consisting of one common share and one-half a share purchase
warrant, from Mountain Province Diamonds at 60 cents per unit in a private
placement on Sept. 15, 2000.
De Beers now owns 3,160,643 shares, or approximately 6.4 per cent of the
outstanding shares of the company.