VANCOUVER, BC, Jan. 31,
2024 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq
Stockholm: LUC) Please view PDF version
Lucara Diamond Corp. ("Lucara" or the "Company") reports the
following in accordance with the Swedish Financial Instruments
Trading Act:
The Company issued 1,900,000 common shares to its largest
shareholder, Nemesia S.a.r.l., as consideration under its debenture
of $63.0 million, as described in the
Company's news release from January 9,
2024. The number of issued and outstanding shares of the
Company has increased to 458,077,393 common shares with voting
rights as at January 31, 2024.
The total number of voting rights in the Company is therefore
458,077,393. This figure may be used by shareholders as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the Company under the Swedish Financial Instruments
Trading Act on disclosure of major shareholdings (Transparency
Rules).
On behalf of the Board,
William Lamb
President and Chief Executive Officer
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ABOUT LUCARA
Lucara is a leading independent producer of large exceptional
quality Type IIa diamonds from its 100% owned Karowe Diamond Mine
in Botswana. The Karowe Mine has
been in production since 2012 and is the focus of the Company's
operations and development activities. Clara Diamond Solutions
Limited Partnership ("Clara"), a wholly-owned subsidiary of Lucara,
has developed a secure, digital sales platform that uses
proprietary analytics together with cloud and blockchain
technologies to modernize the existing diamond supply chain,
driving efficiencies, unlocking value and ensuring diamond
provenance from mine to finger. Lucara has an experienced board and
management team with extensive diamond development and operations
expertise. Lucara and its subsidiaries operate transparently
and in accordance with international best practices in the areas of
sustainability, health and safety, environment, and community
relations. Lucara has adopted the IFC Performance Standards
and the World Bank Group's Environmental, Health and Safety
Guidelines for Mining (2007). Accordingly, the development of
the Karowe underground expansion project ("UGP") adheres to the
Equator Principles. Lucara is committed to upholding high standards
while striving to deliver long-term economic benefits to
Botswana and the communities in
which the Company operates.
The information is information that Lucara is obliged to make
public pursuant to the EU Market Abuse Regulation and the Swedish
Securities Markets Act. This information was submitted for
publication, through the agency of the contact person set out
above, on January 31, 2024 at
2:00pm Pacific Time.
SOURCE Lucara Diamond Corp.