VANCOUVER, BC, May 10, 2024 /PRNewswire/ -- (TSX: LUC) (BSE:
LUC) (Nasdaq Stockholm: LUC) Please view PDF version
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
For
|
%
Votes
For
|
Votes
Withheld
|
%
Votes
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
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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 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.
Vancouver: 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, +447788554035, lucara@tavistock.co.uk
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