REG - Lucara Diamond Corp - AGM Statement

Lucara DiamondAnnouncement

11/05/2020 07:30

RNS Number : 3601M
  
Lucara Diamond Corp
  
11 May 2020
  
 

May 8, 2020
 
PRESS RELEASE
 
LUCARA REPORTS VOTING RESULTS FROM ANNUAL MEETING
 
VANCOUVER, May 8, 2020 /CNW/ - (LUC - TSX, LUC - BSE, LUC - Nasdaq Stockholm) 
 
Lucara Diamond Corp. ("Lucara" or the "Company") held its Annual General & 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




Paul Conibear


147,944,235


96.10


6,008,462


3.90




David Dicaire


153,251,523


99.54


701,174


0.48




Marie Inkster


150,609,532


97.83


3,343,165


2.17




Lukas Lundin


139,099,907


90.35


14,852,790


9.65




Catherine McLeod-Seltzer


149,177,255


96.90


4,775,442


3.10




Peter J. O'Callaghan


145,033,742


94.21


8,918,955


5.79




Eira Thomas


149,040,428


96.81


4,912,269


3.19



 
 
Appointment of Auditors
Shareholders re-appointed PricewaterhouseCoopers LLP as Lucara's auditors with 98.46% of shareholders voting in favour.
 
Share Unit Plan
Approval of certain amendments to the Corporation's share unit plan, and the allotment of up to 10,000,000 shares to be issued thereunder including the ratification of 779,090 share units granted under the share unit plan, as disclosed in Lucara's management proxy circular dated April 3, 2020, were approved by Shareholders with 96.96% of shares represented at the meeting voting in favour. 
 
Deferred Share Unit Plan
Approval of a Deferred share unit plan, and the allotment of up to 4,000,000 shares to be issued thereunder including the ratification of 278,000 deferred share units granted under the DSU plan, disclosed in Lucara's management proxy circular dated April 3, 2020, was approved with 99.04% shares represented at the meeting voting in favour.
 
Advisory Resolution on Executive Compensation
Management's approach to executive compensation, also disclosed in Lucara's management proxy circular dated April 3, 2020 was approved with 97.23% of shares represented at the meeting voting in favour.
On behalf of the Board, 
Eira Thomas
President and Chief Executive Officer
 
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For further information, please contact:
 



North America


Christine Warner, Investor Relations & Communications








+1 604 689-7842 | info@lucaradiamond.com














Sweden


Robert Eriksson, Investor Relations & Public Relations








+46 701 112615 | reriksson@rive6.ch














UK Public Relations 


Emily Moss / Jos Simson, Tavistock








+447788554035 | lucara@tavistock.co.uk



 
 
ABOUT LUCARA
 
Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Mine in Botswana. The Company has an experienced board and management team with extensive diamond development and operations expertise.  The Company operates transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment and community relations.
 
ABOUT CLARA
 
Clara Diamond Solutions (Clara), wholly owned by Lucara Diamond Corp, is 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.
 
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 8, 2020 at 2:00pm Pacific Time.


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