For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240513:nRSM0649Oa&default-theme=true
RNS Number : 0649O Lucara Diamond Corp 11 May 2024
May 10, 2024
PRESS RELEASE
LUCARA REPORTS VOTING RESULTS FROM ANNUAL MEETING
VANCOUVER, May 10, 2024 /CNW/ - (LUC - TSX, LUC - BSE, LUC - Nasdaq Stockholm)
Lucara Diamond Corp. ("Lucara" or the "Company") held its Annual General and
Special Meeting of shareholders in Vancouver, British Columbia today.
Shareholders voted as follows on the matters before the meeting:
Board Members
Shareholders elected the following 7 board members with shareholders
represented at the meeting voting in favour of individual directors as
follows:
Director Votes % Votes For Votes % Votes Withheld
For Withheld
Sheila Colman 168,104,342 77.54% 48,685,353 22.46%
Paul Conibear 165,804,491 76.48% 50,985,204 23.52%
David Dicaire 212,797,320 98.16% 3,992,375 1.84%
Ian Gibbs 213,012,431 98.26% 3,777,264 1.74%
William Lamb 212,492,282 98.02% 4,297,413 1.98%
Adam Lundin 216,457,252 99.85% 332,443 0.15%
Peter J. O'Callaghan 153,988,015 71.03% 62,801,680 28.97%
The Company would like to acknowledge the contributions of Catherine
McLeod-Seltzer and Marie Inkster, who did not stand for re-election as
Directors of the Company. In addition to serving as a long-standing Director,
Catherine also played a role in founding the Company.
Paul Conibear, Chair of the Board said, "Both Catherine and Marie have been
valuable members of the Board for many years, and on behalf of the Company,
shareholders and my fellow Board members, we would like to express gratitude
to both Catherine and Marie for their guidance and contribution to the
Company."
Appointment of Auditors
Shareholders re-appointed PricewaterhouseCoopers LLP as Lucara's auditors with
95.77% of shareholders voting in favour.
Ordinary Resolutions for the Share Issuance
Disinterested shareholders passed an ordinary resolution to authorize and
approve the issuance of up to 1,125,000 common shares of the Company to
Nemesia S.à.r.l., pursuant to the terms of a debenture agreement, as required
pursuant to the rules of the Toronto Stock Exchange. This resolution passed
with 97.34% of votes cast in favour.
Advisory Resolution on Executive Compensation
Management's approach to executive compensation, also disclosed in Lucara's
management proxy circular dated April 5, 2024 was approved with 97.79% of
shares represented at the meeting voting in favour.
Following the meeting, Paul Conibear will continue to serve as Chairman of the
Board.
On behalf of the Board,
William Lamb
President and Chief Executive Officer
Follow Lucara Diamond on Facebook (https://www.facebook.com/LucaraDiamond/) ,
Instagram (https://www.instagram.com/lucaradiamond/) , and LinkedIn
(https://www.linkedin.com/company/lucara-diamond-corp-)
For further information, please contact:
Vancouver Hannah Reynish, Investor Relations & Communications
+1 604 674 0272| info@lucaradiamond.com (mailto:info@lucaradiamond.com)
Sweden Robert Eriksson, Investor Relations & Public Relations
+46 701 112615 | reriksson@rive6.ch (mailto:reriksson@rive6.ch)
UK Public Relations Charles Vivian / Jos Simson, Tavistock
+447788554035 | lucara@tavistock.co.uk (mailto:lucara@tavistock.co.uk)
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 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, on May 10, 2024 at 3:30 p.m. Pacific Time.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END RAGEADSEFAKLEAA