VANCOUVER, BC, Feb. 17, 2022 /PRNewswire/ -- (TSX: LUC)
(BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp.
("Lucara" or the "Company") announces that Mr. Lukas Lundin, current Chair and a Director of
the Company, has indicated his intention to retire from the Board
upon the completion of his term at the Company's upcoming 2022
Annual Meeting of Shareholders. Please view PDF version
Eira Thomas, President and CEO, commented, "On behalf of the
Board and management team of Lucara, I want to thank Lukas for his
invaluable contributions to the Company as a founder and visionary,
who was instrumental in transforming Karowe into one of the world's
leading, high margin diamond mines, renowned for its recovery of
large, high value diamonds and the only mine in recorded history to
have recovered three diamonds in excess of 1000 carats. With his
ongoing support, we look forward to a long and successful future at
Karowe, expanding the mine underground and extending mine-life out
until at least 2040."
Given the significant Lundin family ownership of Lucara shares
(~24.5%), it is the family's intention to recommend ongoing
representation on the Lucara Board of Directors. The
Company's Corporate Governance and Nominating Committee will
evaluate and assess the skills and experience for any director
nominee to replace Mr. Lundin, to ensure that Lucara retains the
skills and experience necessary for a competent board.
The director nominee will stand for election at Lucara's Annual
General Meeting, scheduled to be held on May
6, 2022 in Vancouver,
Canada.
On behalf of the Board,
Eira Thomas
President and Chief Executive Officer
Follow Lucara Diamond on Facebook, Twitter, Instagram and
LinkedIn
ABOUT LUCARA
Lucara is a leading independent producer of large exceptional
quality Type IIa diamonds from its 100% owned Karowe Mine in
Botswana and owns a 100% interest
in Clara Diamond Solutions, a secure, digital sales platform
positioned to modernize the existing diamond supply chain and
ensure diamond provenance from mine to finger. The Company
has an experienced board and management team with extensive diamond
development and operations expertise. The Company operates
transparently and in accordance with international best practices
in the areas of sustainability, health and safety, environment and
community relations.
The information in this release is accurate at the time of
distribution but may be superseded or qualified by subsequent news
releases.
The information was submitted for publication, through the
agency of the contact person set out above, at 12:00 p.m. Pacific Time on February 17, 2022.
Tetiana Konstantynivska, Investor Relations &
Communications, +1 604 674 0272, info@lucaradiamond.com;
Sweden: Robert Eriksson, Investor Relations & Public
Relations, +46 701 112615, reriksson@rive6.ch; UK Public Relations:
Charles Vivian / Jos Simson,
Tavistock, +44 79 772 97903,
lucara@tavistock.co.uk