Mountain Province Diamonds Inc. announced yesterday that as a result of “recent events related to the Covid-19”, it is delaying the release of its year end results.

Originally scheduled to be released on March 16th, the Company has postponed the release by one week to March 23, 2020 after market hours, “within the statutory period for the release of annual financial information”.

“The recent outbreak of the Coronavirus Covid-19 and its impact on travel restrictions and self-isolation has hindered the Company and its auditors' ability to complete the work on time,” Mountain Province said in a statement. “As such, the Company is delaying the release of fourth quarter and full year financials by one week to accommodate these unexpected events.”

However, the Company hastened to assure stakeholders that presently, “the virus is not impacting operations at the Gahcho Kué Mine “.

This is due to the fact that “numerous precautionary measures have been taken over the past few weeks to ensure, as far as possible, a safe working environment for all employees and contractors travelling to and from site as well as the support offices in Yellowknife, Calgary and Toronto”, the Company stated.

Mountain Province went on to caution stakeholders that it was possible that issues relating to Covid-19 – its progress and  the containment measures for Covid-19; and the economic fall-out of these measures – “could impact on the business and operations of the Company over the coming weeks, including mining, processing and sales of diamonds”.

“The Company is working to, where possible, manage these new short-and medium-term risks with a view to the best interests of the Company, its employees, contractors and all stakeholders in the Company,” Mountain Province assured.