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))
