Mountain Province Diamonds Appoints Banks to Arrange and Underwrite US$370M Term Loan Facility

Mountain Province Diamonds Appoints Banks to Arrange and Underwrite US$370M 
Term Loan Facility 
Shares Issued and Outstanding: 115,204,550
TORONTO and NEW YORK, July 28, 2014 /CNW/ - Mountain Province Diamonds Inc. 
("Mountain Province", the "Company") (TSX: MPV, NYSE MKT: MDM) is pleased to 
announce the appointment of three leading international banks to arrange and 
underwrite a senior secured term loan facility of up to US$370M (the 
"Facility") to fund the Company's share of the construction cost of the Gahcho 
Kué diamond mine located in Canada's Northwest Territories. Gahcho Kué is a 
joint venture between De Beers Canada Inc. (51%) and Mountain Province (49%). 
Mountain Province has mandated Deutsche Bank A.G., acting through its London 
Branch, Natixis S.A. and Nedbank Limited as the lead arrangers ("Lead 
Arrangers") to underwrite, arrange and manage the primary syndication of the 
Facility, subject to the satisfaction of certain conditions including, but not 
limited to, the successful completion of due diligence and internal bank 
approvals of the Lead Arrangers and agreement of Facility documentation, which 
is expected prior to the end of 2014. 
As at the end of June 2014, the overall project was progressing according to 
plan and remains on schedule for first production during H2 2016. Mountain 
Province is currently funding its share of the capital with equity and has 
arranged sufficient equity to fund planned capital commitments through to the 
end of 2014. 
Mountain Province is being advised by Rockface Capital of the United Kingdom. 
Mountain Province Diamonds is a 49% participant with De Beers Canada in the 
Gahcho Kué JV located at Kennady Lake in Canada's Northwest Territories. The 
Gahcho Kué Project consists of a cluster of four diamondiferous kimberlites, 
three of which have a probable mineral reserve of 35.4 million tonnes grading 
1.57 carats per tonne for total diamond content of 55.5 million carats. 
Gahcho Kué is the world's largest and richest new diamond development 
project. A 2014 NI 43-101 feasibility study report filed by Mountain Province 
(available on SEDAR) indicates that the Gahcho Kué project has an IRR of 
Qualified Person
This news release has been prepared under the supervision of Carl G. Verley, 
P.Geo., who serves as the qualified person under National Instrument 43-101. 
Forward-Looking Statements
This news release may contain forward-looking statements, within the meaning 
of the "safe-harbor" provision of the Private Securities Litigation Reform Act 
of 1995, regarding the Company's business or financial condition. Actual 
results could differ materially from those described in this news release as a 
result of numerous factors, some of which are outside the control of the 

SOURCE  Mountain Province Diamonds Inc. 
Mountain Province Diamonds Inc. Patrick Evans, President and CEO 161 Bay 
Street, Suite 2315 Toronto, Ontario M5J 2S1 
Phone: (416) 361-3562 
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CO: Mountain Province Diamonds Inc.
ST: New York
-0- Jul/28/2014 15:57 GMT
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