Ex-Lucara CEO Joins Mountain Province Board

RAPAPORT… Mountain Province has added three industry veterans to its
board, including William Lamb, the former head of Lucara Diamond Corp., it said
Monday.



Lamb has more than 25 years of experience in mining
operations and project development. He served as CEO of Lucara for seven years,
prior to his retirement in 2018.

Tom Peregoodoff, the CEO of gold and copper
exploration company Kaizen Discovery, will also join the board. Previously, he
was CEO of exploration company Peregrine Diamonds, which De Beers purchased for
$80.6 million last year.


Additionally, Brett Desmond, senior vice president of
corporate development for Daon, a software assurance company, will take a spot
on the board. He has spent 20 years in the banking, corporate-finance and asset-management
industries. Desmond is the son of Dermot Desmond, a major Mountain Province shareholder, who requested his nomination to the board.


“These changes demonstrate the board’s commitment to the
long-term success of the company, and the experience and expertise of the new
board members in various aspects of our business will ensure that we continue
to maximize the value of our quality assets,” said Jonathan Comerford, chairman
of Mountain Province.


Lamb, Peregoodoff and Desmond will replace outgoing board
members Bruce Dresner, Carl Verley and Peeyush Varshney.


Image: William Lamb. (Lucara Diamond Corp.)