Latest news with #Lucara
Cision Canada
14-05-2025
- Business
- Cision Canada
LUCARA ANNOUNCES VOTING RESULTS FROM ANNUAL MEETING
VANCOUVER, BC, May 14, 2025 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq FNGM: LUC) 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: View PDF Shareholders elected the following 7 board members with shareholders represented at the meeting voting in favour of individual directors as follows: The Company would like to acknowledge the contributions of Dave Dicaire, who did not stand for re-election as a Director of the Company, having taken up a full-time executive management position on a major international mining project. Paul Conibear, Chair of the Board, said, "Dave has been an invaluable member of the Board for many years, and on behalf of the Company, shareholders and my fellow Board members, we would like to express our sincere gratitude to Dave for his guidance and contribution to the Company and its Underground Project, critical to the Company's future". Appointment of Auditors Shareholders re-appointed PricewaterhouseCoopers LLP as Lucara's auditors with 98.22% of votes cast in favour and 1.78% of votes were withheld on such re-appointment. Ordinary Resolutions to approve certain amendments to the Company's share unit plan Shareholders passed an ordinary resolution to approve certain amendments to the Company's share unit plan (the "Share Unit Plan"), including an increase of the maximum number of common shares in the capital of the Company (the "Common Shares") reserved for issuance under the Share Unit Plan to a fixed maximum aggregate of 22,000,000. This resolution passed with 96.00% of votes cast in favour and 4% of votes against such resolution. Ordinary Resolutions to approve certain amendments to the Company's deferred share unit plan Shareholders passed an ordinary resolution to approve certain amendments to the Company's deferred share unit plan (the "DSU Plan"), including an increase of the maximum number of Common Shares reserved for issuance under the DSU Plan to a fixed maximum aggregate of 8,000,000. This resolution passed with 99.60% of votes cast in favour and 0.40% of votes against such resolution. Ordinary Resolutions to approve certain amendments to the Company's stock option plan Shareholders passed an ordinary resolution to approve certain amendments to the Company's stock option plan (the "Option Plan"), including, among other things, an increase of the maximum number of Common Shares reserved for issuance under the Option Plan to a fixed maximum aggregate of 15,000,000. This resolution passed with 94.70% of votes cast in favour and 5.30% of votes against such resolution. Advisory Resolution on Executive Compensation Management's approach to executive compensation, also disclosed in Lucara's management proxy circular dated April 8, 2025, was approved with 81.89% of votes cast in favour and 18.11% of votes against such advisory resolution. 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, Instagram and LinkedIn 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. 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). The development of the 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 subject to the disclosure requirements of Lucara pursuant to the EU Market Abuse Regulation. The Company's certified adviser on the Nasdaq First North Growth Market is Bergs Securities AB, [email protected], +46 739 49 62 50. This information was submitted for publication, through the agency of the contact person set out above, on May 14, 2025, at 2:00 p.m. Pacific Time. SOURCE Lucara Diamond Corp.
Yahoo
15-04-2025
- Business
- Yahoo
LUCARA ANNUAL GENERAL AND SPECIAL MEETING TO BE HELD ON MAY 14, 2025
VANCOUVER, BC, April 14, 2025 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq FNGM: LUC) PDF Version Lucara Diamond Corp. ("Lucara" or the "Company") announces that its Annual General and Special Meeting of Shareholders (the "Meeting") will be held at the office of the Company, at 1055 Dunsmuir Street, Suite 2800, Vancouver, BC V7X 1L2, Canada on Wednesday, May 14, 2025 at 10:00 a.m. (Pacific Time), for the following purposes: To receive the audited consolidated financial statements for the year ended December 31, 2024, together with the report of the auditors; To reappoint the auditors for the upcoming year and to authorize the directors to fix their remuneration; To elect directors for the upcoming year; To pass an ordinary resolution to approve certain amendments to the Company's share unit plan; To pass an ordinary resolution to approve certain amendments to the Company's deferred share unit plan; To pass an ordinary resolution to approve certain amendments to the Company's stock option plan; and To adopt an advisory resolution on executive compensation. The record date for the Annual General and Special Meeting is April 7, 2025. The Notice of Meeting, the accompanying Management Proxy Circular, and related meeting materials are available under the Company's profile on SEDAR+ at or from the Company's website at The Company encourages you to vote your shares by proxy in advance of the Meeting, via mail, telephone, or on the internet. Voting instructions need to be received at least one business day before the proxy deposit date. The proxy deposit date is Monday, May 12, 2025, 10:00 a.m. (Pacific Time), any proxy form received after that time will not be valid. HOW TO VOTE IF YOUR SHARES TRADE ON THE NASDAQ FIRST NORTH GROWTH EXCHANGE The information in this section is of significance to Shareholders who hold their securities ("Euroclear Registered Securities") through Euroclear Sweden AB, which securities trade on the Nasdaq First North Growth Market Exchange. Shareholders who hold Euroclear Registered Securities are not registered holders of voting securities for the purposes of voting at the Meeting. Instead, Euroclear Registered Securities are registered under CDS & Co., the registration name of the Canadian Depositary for Securities. Holders of Euroclear Registered Securities will receive a Form of Proxy (the "Swedish Proxy") by mail directly from Computershare AB ("Computershare Sweden"). The Swedish Proxy cannot be used to vote securities directly at the Meeting. Instead, the Swedish Proxy must be completed and returned to Computershare Sweden, strictly in accordance with the instructions and deadlines that will be described in the instructions provided with the Swedish Proxy. On behalf of the Board, William LambPresident and Chief Executive Officer Follow Lucara Diamond on Facebook, Instagram, and LinkedIn 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. 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 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. ADDITIONAL INFORMATION The information is information that Lucara is obliged to make public pursuant to the EU Market Abuse Regulation. The Company's certified adviser on the Nasdaq First North Growth Market is Bergs Securities AB, ca@ +46 739 49 62 50. This information was submitted for publication, through the agency of the contact person set out above, on April 14, 2025 at 2:00 p.m. Pacific Time. SOURCE Lucara Diamond Corp. View original content to download multimedia: Sign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
LUCARA ANNOUNCES STRATEGIC SHIFT IN UNDERGROUND PROJECT MANAGEMENT
VANCOUVER, BC, March 31, 2025 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq FNGM: LUC) PDF version Lucara Diamond Corp. ("Lucara" or the "Company") today announced a strategic change in the management of its Karowe underground project ("UGP") in Botswana. The Company has terminated its Engineering, Procurement and Construction Management ("EPCM") contract with JDS Energy & Mining Inc. ("JDS") for the development of the UGP, effective March 31, 2025. The Company has entered into a Master Service Agreement ("MSA") with JDS to complete specific engineering components of the project, while all site-based contracts and activities will transition to owner-managed operations. This decision aligns with Lucara's commitment to optimizing project execution and maximizing shareholder value. The shift to owner-managed operations for site-based activities is expected to provide several benefits, including: Enhanced cost control and operational efficiency Improved flexibility in decision-making and resource allocation Direct oversight of critical project milestones and timelines Leveraging Lucara's extensive in-house expertise and knowledge of the Karowe mine The UGP continues to make significant progress. The production shaft has now reached over 720 meters below surface and the ventilation shaft has now reached over 680 meters below surface. Substantial advancements have been made on the production man and materials winder building, with the majority of the required surface infrastructure already in place. This includes the installation of permanent bulk air coolers and other critical components, positioning the project for continued success as it moves forward under the new management structure. William Lamb, President and CEO of Lucara, commented on the transition: "We are confident that this strategic shift in project management will allow us to better leverage our team's deep understanding of the Karowe mine and its unique characteristics. By taking direct control of site-based activities, we are positioning ourselves to respond more rapidly to project needs and challenges. This approach will enable us to drive the UGP forward with greater efficiency and precision, ultimately delivering enhanced value to our shareholders and stakeholders." The Company appreciates the contributions made by JDS to date and looks forward to their continued involvement under the MSA in specific engineering aspects of the project. Lucara remains committed to the successful development of the UGP, which will extend the life of mine at Karowe and secure its position as a leading producer of large, high-quality diamonds. On behalf of the Board, William LambPresident and Chief Executive Officer Follow Lucara Diamond on Facebook, Instagram, and LinkedIn 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. 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 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. ADDITIONAL INFORMATION The information is information that Lucara is obliged to make public pursuant to the EU Market Abuse Regulation. The Company's certified adviser on the Nasdaq First North Growth Market is Bergs Securities AB, ca@ +46 739 49 62 50. This information was submitted for publication, through the agency of the contact person set out above, on March 31, 2025 at 2:00 p.m. Pacific Time. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as "forward-looking statements"). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements in this news release include statements regarding the estimation of mineral resources, cost and timing of the development of deposits and estimated future production, the economic potential of mineralized areas, expectations that the Karowe underground project will extend mine life, forecasts of revenues, future production activity, the future price and demand for, and supply of, diamonds, the project schedule and capital costs for the Karowe underground project, the diamond sales, production and cost estimates, and our expectations regarding the scheduling of activities for the Karowe underground project. By their nature, forward-looking statements and information involve assumptions, inherent risks and uncertainties, many of which are difficult to predict and are usually beyond the control of management, that could cause actual results to be materially different from those expressed by these forward-looking statements and information. 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 several known and unknown risks, uncertainties and other factors that 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. The Company believes that the expectations reflected in this forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct. Readers and investors should not place undue reliance on such statements. Certain risks which could impact the Company are discussed under the heading "Risks and Uncertainties" in the Company's most recent MD&A and Annual Information Form available at SEDAR+ at Forward-looking information and statements contained in this news release are made as of the date of this news release and accordingly are subject to change after such date. Except as required by law, the Company disclaims any obligation to revise any forward-looking information and statements to reflect events or circumstances after the date of such information and statements. All forward-looking information and statements contained or incorporated by reference in this news release are qualified by the foregoing cautionary statements. SOURCE Lucara Diamond Corp. View original content to download multimedia: Sign in to access your portfolio
Yahoo
03-03-2025
- Business
- Yahoo
LUCARA APPOINTS NEW BOARD DIRECTOR
VANCOUVER, BC, March 3, 2025 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq FNGM: LUC) PDF Version Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce the appointment of Melissa Harmon to its Board of Directors. Ms. Harmon has more than two decades of experience in gold mining and is currently Senior Vice President, Divestitures at Newmont Corporation. Ms. Harmon is a leader in safety and brings with her a wealth of technical expertise and experience relating to both open pit and underground mining operations. Moreover, she has received numerous awards for contributions to the mining industry in areas relating to safety and diversity, equity and inclusion, and is the recipient of the 2022 Miner of the Year Award from the Society of Mining, Metallurgy & Exploration. Ms. Harmon is currently a director at Lundin Gold Inc. She holds a Bachelor of Science in Mine Engineering from the University of Nevada, Reno, where she also serves on several executive boards, and a Masters of Business Administration from Auburn University. She is a registered Professional Engineer in the United States. Paul Conibear, Chair of Lucara's Board of Directors, commented on the appointment: "We are delighted to welcome Melissa to the Lucara Board. Her strong technical expertise, leadership in safety, and executive level operational experience will be invaluable as Lucara continues to develop the Karowe underground project. We look forward to having the benefits of her insight and appreciate her willingness to serve as a director." On behalf of the Board, William LambPresident and Chief Executive Officer Follow Lucara Diamond on Facebook, Instagram and LinkedIn ABOUT LUCARALucara 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. 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 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 subject to the disclosure requirements of Lucara pursuant to the EU Market Abuse Regulations. The Company's certified adviser on the Nasdaq First North Growth Market is Bergs Securities AB, ca@ +46 739 49 62 50. This information was submitted for publication, through the agency of the contact person set out above, on March 3, 2025, at 6:00 a.m. Pacific Time. SOURCE Lucara Diamond Corp. View original content to download multimedia: Sign in to access your portfolio
Yahoo
29-01-2025
- Business
- Yahoo
LUCARA RECEIVED FINAL APPROVAL TO CHANGE ITS SWEDISH LISTING TO NASDAQ FIRST NORTH GROWTH MARKET
VANCOUVER, BC, Jan. 29, 2025 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce that it has met all conditions relating to the transition of its listing venue in Sweden. The Company today received the final approval from Nasdaq Stockholm to commence trading on Nasdaq First North Growth Market. PDF Version The last day for trading of the Company's shares on Nasdaq Stockholm will be January 30, 2025, and the first day for trading on Nasdaq First North Growth Market will be January 31, 2025. The Company's listing on the Toronto Stock Exchange and the Botswana Stock Exchange will not be affected by this transition, and shareholders in Lucara are not required to take any measures in connection with the list change. On behalf of the Board, William LambPresident and Chief Executive Officer Follow Lucara Diamond on Facebook, Instagram and LinkedIn 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. 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 in this release is subject to the disclosure requirements of Lucara pursuant to the Swedish Financial Instruments Trading Act. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company's certified adviser on the Nasdaq First North Growth Market is Bergs Securities AB, ca@ +46 739 49 62 50. This information was submitted for publication, through the agency of the contact person set out above, on January 29, 2025, at 6:15 a.m. Pacific Time. SOURCE Lucara Diamond Corp. View original content to download multimedia: Sign in to access your portfolio
