Core Points - Margaret Lake Diamonds Inc. has terminated its previously announced non-brokered private placement of up to 9,000,000 units for aggregate gross proceeds of up to $900,000 at a price of $0.10 per unit [1] Company Summary - The company is listed on TSX Venture Exchange under the ticker DIA and also trades on OTC and FSE [1] - The announcement was made on November 17, 2025, following a prior news release dated September 9, 2025 [1] Contact Information - The President and CEO of the company is R. Nick Horsley, who can be contacted via phone or email [2]

Core Points - Mountain Province Diamonds Inc. announced the resignation of President & CEO Mark Wall, effective December 19, 2025, to pursue other opportunities [1][4] - The company has commenced mining through the transitional phase of the high-grade 5034-NEX orebody, with processing underway [2] - The Board of Directors will initiate a search for a new President and CEO [3] Company Operations - The Gahcho Kué mine is positioned for strong performance in Q4 2025 and 2026 following the completion of a five-day plant maintenance shutdown [2] - Mountain Province holds a 49% stake in the Gahcho Kué diamond mine, which consists of several actively mined kimberlites [4] - The company controls over 96,000 hectares of mineral claims and leases surrounding the Gahcho Kué Mine, including significant mineral resources [4] Mineral Resource Estimates - The Kelvin kimberlite is estimated to contain 13.62 million carats in 8.50 million tonnes at a grade of 1.60 carats/tonne, valued at US$63 per carat [4] - The Faraday 2 kimberlite is estimated to contain 5.45 million carats in 2.07 million tonnes at a grade of 2.63 carats/tonne, valued at US$140 per carat [4] - The Faraday 1-3 kimberlites are estimated to contain 1.90 million carats in 1.87 million tonnes at a grade of 1.04 carats/tonne, valued at US$75 per carat [4]

Core Points - The company intends to reprice 1,665,000 of its outstanding share purchase warrants issued during a non-brokered private placement that closed on February 14, 2023 [1] - The original issuance included a total of 20,000,000 warrants with an exercise price of $0.05, expiring on February 14, 2026, which were later consolidated to 2,000,000 warrants at an exercise price of $0.50 [2] - The repricing will adjust the exercise price of the 1,665,000 warrants to $0.20, with an acceleration clause if the market price reaches $0.25 for ten consecutive trading days [3] Summary by Sections Repricing of Warrants - The company plans to reprice a total of 1,665,000 warrants, with 200,000 of these held by directors and officers being repriced on a pro rata basis [3] - The new exercise price will be set at $0.20 per warrant, with the same expiration date of February 14, 2026 [3] Approval and Governance - The proposed amendments to the warrants are subject to approval by the TSX Venture Exchange [4] - The changes have been authorized and approved by the Board of Directors [4]