VANCOUVER, BC, July 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:
On July 5, 2024, the Company
issued 1,575,000 common shares in accordance with its debenture as
described in the Company's news release from November 15, 2023 (link to news release). The
number of issued and outstanding shares of the Company has
increased to 460,498,948 common shares with voting rights as at
July 31, 2024.
The total number of voting rights in the Company is therefore
460,498,948. 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 which ensures
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 is certified by the Responsible
Jewellery Council, complies with the Kimberley Process, and 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 July 31, 2024, at
2:30 p.m. Pacific Time.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
Certain of the statements made and contained herein and
elsewhere constitute "forward-looking information" and
"forward-looking statements" as defined in applicable securities
laws. Generally, any statements that express or involve discussions
with respect to predictions, expectations, beliefs, plans, budgets,
schedules, goals, strategy, projections, objectives, assumptions or
future events or performance and often (but not always) using
forward-looking terminology such as "expects", "is expected",
"anticipates", "assumes", "believes", "estimates" and similar
expressions or statements that certain actions, events, conditions
or results "would", "will", "may", "might", "could" or "should" be
taken, occur or be achieved or the negative of any of these terms
and similar expressions) are not statements of historical fact and
may be forward-looking statements.
Forward-looking information and statements are based on the
opinions and estimates of management as of the date such statements
are made, and they are subject to a number of known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievement expressed or implied by such forward-looking statements
due to a variety of risks, uncertainties, and other factors,
including, without limitation, those referred to in the Company's
most recent MD&A and Annual Information Form, both
available at SEDAR+ at www.sedarplus.ca. The foregoing is not
exhaustive of the factors that may affect any of our
forward-looking statements.
The Company believes that expectations reflected in this
forward-looking information are reasonable and has attempted to
identify important factors that could cause actual actions, events
or results to differ materially from those described in
forward-looking statements. There may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended and no assurance can be given that these expectations
will prove to be accurate. Accordingly, readers are cautioned not
to place undue reliance on these forward-looking statements which
speak only as of the date the statements were made, and the Company
does not assume any obligations to update or revise them to reflect
new events or circumstances, except as required by law.
SOURCE Lucara Diamond Corp.