REG - Lucara Diamond Corp - LUCARA DIAMOND CORP. ANNOUNCES MANAGEMENT CHANGE

Lucara DiamondAnnouncement

02/10/2023 07:00

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RNS Number : 3216O  Lucara Diamond Corp  02 October 2023

October 1, 2023

 

NEWS RELEASE

 

LUCARA DIAMOND CORP. ANNOUNCES MANAGEMENT CHANGE

 

VANCOUVER, October 1, 2023 /CNW/ (LUC - TSX, LUC - BSE, LUC - Nasdaq
Stockholm)

 

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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(https://www.linkedin.com/company/lucara-diamond-corp-)

 

For further information, please contact:

 

 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 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.

 

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