| Mountain Province Diamonds to Acquire Kennady Diamonds in a Friendly All-Share Offer | |
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TSX and NASDAQ: MPVDTSX-V: KDI TORONTO and NEW YORK, Jan. 29, 2018 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province") (TSX and NASDAQ: MPVD) and Kennady Diamonds Inc. ("Kennady") (KDI.V) are pleased to announce that they have entered into a definitive arrangement agreement ("Arrangement Agreement") pursuant to which Mountain Province will acquire all of the issued and outstanding common shares of Kennady by way of a court-approved plan of arrangement (the "Transaction"). Kennady Diamonds Inc. (CNW Group/Mountain Province Diamonds Inc.) |
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Kennady Diamonds Inc.
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Kennady Diamonds Inc. is based in Canada. Kennady Diamonds Inc. is listed in Canada. Its market capitalisation is CA$ 139.8 millions as of today (US$ 111.4 millions, € 90.0 millions). Its stock quote reached its lowest recent point on August 24, 2012 at CA$ 0.98, and its highest recent level on November 15, 2013 at CA$ 8.74. Kennady Diamonds Inc. has 47 380 000 shares outstanding. |