REG - Lucara Diamond Corp - LUCARA SHARE CAPITAL AND VOTING RIGHTS UPDATE

Lucara DiamondAnnouncement

01/08/2024 07:00

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RNS Number : 6865Y  Lucara Diamond Corp  01 August 2024

July 31, 2024

 

NEWS RELEASE

 

LUCARA SHARE CAPITAL AND VOTING RIGHTS UPDATE

VANCOUVER, B.C., July 31, 2024 /CNW/ (LUC - TSX, LUC - BSE, LUC - Nasdaq
Stockholm)

 

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
(https://lucaradiamond.com/newsroom/news-releases/lucara-announces-extension-of-working-capital-faci-122876/)
). 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

 

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

                      +44 79 772 97903 | 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 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
(http://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.

 

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