VANCOUVER, BC, Oct. 2, 2023 /PRNewswire/ -- (TSX: LUC) (BSE:
LUC) (Nasdaq Stockholm: LUC) Please view PDF version
Lucara Diamond Corp. ("Lucara" or the "Company") announces today
that Zara Boldt has tendered her
resignation as Chief Financial Officer and Corporate Secretary and
John Armstrong has tendered his
resignation as Vice President of Technical Services of the
Company. Ms. Boldt plans to step down effective December 29, 2023 and Dr. Armstrong plans to step
down effective December 1, 2023. The
Lucara team in Canada and
Botswana will greatly miss Zara's
and John's leadership.
The Chairman of the Board, Paul
Conibear stated "On behalf of our Board, we would like to
thank Zara and John for their hard work and dedication, and
acknowledge their meaningful contributions to Lucara and the Karowe
Diamond Mine. Over the last five years, Zara's leadership,
consistent high standards and notable work ethic were exemplary,
and we wish her the best in her next endeavours. John's technical
expertise and hard work over the past ten years has been integral
to the successful planning, development and execution of mining at
the Karowe Diamond Mine, including the recovery of some of the
world's most historical stones, and we wish him the best in his
next endeavours."
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 October 1, 2023 at
8pm Pacific Time.
CONTACT: Hannah Reynish, 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
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