Shares Issued and Outstanding: 159,808,833TSX: MPVNASDAQ: MDMTORONTO and NEW YORK, Nov. 8, 2016 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV, NASDAQ: MDM) is pleased to announce the appointment of Karen Goracke to the Company's board of directors. Ms. Goracke is President and CEO of Borsheims Fine Jewelry, a Berkshire Hathaway company. She began her career at Borsheims in 1988 as a Sales Associate, but soon was promoted. In her time at Borsheims she has worked as inventory supervisor, watch buyer, ladies jewelry buyer, director of merchandising, and, in 2013, was named President and CEO by Berkshire Hathaway Chairman Warren Buffett. Ms. Goracke graduated from the University of Nebraska-Kearney with Bachelors of Science degrees in Business Administration and Organizational Communication. She serves as a Director with the Jewelers Vigilance Committee, the leading compliance organization in the jewelry and gem industry, as well as on a number of other boards and committees within the gem and jewelry industry. Jonathan Comerford, chairman of Mountain Province Diamonds, welcomed Karen Goracke to the Mountain Province board, noting: "As Mountain Province prepares for its first sale of rough diamonds from the Gahcho Kué mine, we look forward to the contribution Karen will make in helping us understand the dynamics of the world's largest diamond retail market in the United States".