Diamond company Mountain Province secured a US$ 10 million loan from Dunebridge Worldwide.
In the heart of Canada's Northwest Territories, Mountain Province Diamonds Inc., a prominent player in the diamond industry, has secured an additional $10 million USD term loan from Dunebridge Worldwide Ltd. on July 28, 2025. This significant move is set to bolster the company's operations at its world-renowned diamond mine.
The joint venture between Mountain Province Diamonds and De Beers for the operation of the diamond mine has been a strategic partnership that has contributed to the company's growth. The term loan negotiation was expertly navigated by Hoskin & Harcourt S.E.N.C.R.L./s.r.l., a firm that provides legal and financial services.
The advisory team from Hoskin & Harcourt S.E.N.C.R.L./s.r.l. consisted of four professionals: Joanna Cameron and Nicole Cargill, experts in corporate law matters, and Martha Martindale and Matthew Li, who provided financial services advice.
Joanna Cameron and Nicole Cargill have been instrumental in ensuring Mountain Province Diamonds Inc. complies with all legal requirements, while Martha Martindale and Matthew Li have played a crucial role in managing the company's financial affairs.
The $10 million USD term loan was provided by Dunebridge Worldwide Ltd., and the purpose of the funding remains undisclosed. The loan marks another milestone in Mountain Province Diamonds' ongoing efforts to maintain and expand its operations.
Mountain Province Diamonds Inc., a Canadian diamond company, has been operating the world's largest diamond mine, a significant operation that contributes to the economy of the Northwest Territories. This latest funding injection is expected to further boost the company's operations and cement its position as a key player in the diamond industry.
[1] Mountain Province Diamonds Inc. was also advised by Osler, Hoskin & Harcourt LLP on the $10 million term loan from Dunebridge Worldwide Ltd. in 2025. [3] For more information, please refer to the official press release from Mountain Province Diamonds Inc. and Hoskin & Harcourt S.E.N.C.R.L./s.r.l.
[1] This partnership between Mountain Province Diamonds Inc. and Osler, Hoskin & Harcourt LLP in the finance sector has been instrumental in securing the $10 million USD term loan from Dunebridge Worldwide Ltd.
[3] The sound business decisions made by Mountain Province Diamonds Inc. in the industry, supported by their legal and financial advisors, have driven their growth and solidified their role as a influential player in the business world.
