January 29, 2018 / 11:20 AM / a year ago

BRIEF-Mountain Province Diamonds To Acquire Kennady Diamonds In All-Share Offer

Jan 29 (Reuters) - Mountain Province Diamonds Inc:

* MOUNTAIN PROVINCE DIAMONDS TO ACQUIRE KENNADY DIAMONDS IN A FRIENDLY ALL-SHARE OFFER

* MOUNTAIN PROVINCE DIAMONDS - KENNADY SHAREHOLDERS TO GET 0.975 OF A CO SHARE FOR EACH KENNADY SHARE REPRESENTING EQUIVALENT OF C$3.46/KENNADY SHARE

* MOUNTAIN PROVINCE DIAMONDS INC - IMPLIED EQUITY VALUE FOR KENNADY BASED ON EXCHANGE RATIO IS APPROXIMATELY C$176 MILLION Source text for Eikon: Further company coverage:

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