×

BRIEF-Mountain Province Diamonds announces $47 million rights offering

Oct 10 (Reuters) - Mountain Province Diamonds Inc :

* Announces proposed $47 million rights offering

* Proceeds will be used to fund co's 49% share of initial capital costs for

Gahcho Kué diamond mine

* Proceeds to be sufficient for co's share of initial capital costs of

permitting of Gahcho Kué in 2013

* Source text * Further company coverage ((Bangalore Newsroom; +1 646 223 8780))