REG - Lucara Diamond Corp - LUCARA REPORTS VOTING RESULTS FROM ANNUAL MEETING

Lucara DiamondAnnouncement

15/05/2023 07:00

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RNS Number : 3316Z  Lucara Diamond Corp  12 May 2023

May 12, 2023

 

PRESS RELEASE

 

LUCARA REPORTS VOTING RESULTS FROM ANNUAL MEETING

 

VANCOUVER, May 12, 2023 /CNW/ - (LUC - TSX, LUC - BSE, LUC - Nasdaq Stockholm)

 

Lucara Diamond Corp. ("Lucara" or the "Company") held its Annual General and
Special Meeting of shareholders in Toronto, Ontario 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        % Votes For  Votes      % Votes Withheld

                           For                       Withheld
 Paul Conibear             264,352,502  97.41%       7,040,747  2.59%
 David Dicaire             270,456,575  99.65%       936,674    0.35%
 Marie Inkster             270,510,404  99.67%       882,845    0.33%
 Adam Lundin               266,148,568  98.07%       5,244,681  1.93%
 Catherine McLeod-Seltzer  264,431,695  97.43%       6,961,554  2.57%
 Peter J. O'Callaghan      264,312,339  97.39%       7,080,910  2.61%
 Eira Thomas               270,405,501  99.64%       987,748    0.36%

 

 

Appointment of Auditors

Shareholders re-appointed PricewaterhouseCoopers LLP as Lucara's auditors with
95.77% of shareholders voting in favour.

 

Ordinary Resolutions to Share Unit and Stock Option Plan Amendments

Shareholders passed an ordinary resolution to approve certain amendments to
the Company's share unit plan, including, amongst other amendments, setting
the maximum number of Common Shares reserved for issuance under the share unit
plan to 17,000,000.  This resolution passed with 95.81% of votes cast in
favour.

 

Shareholders passed an ordinary resolution to approve certain amendments to
the Company's deferred share unit plan, with 99.62% voting in favour.

 

Shareholders passed an ordinary resolution to approve the continuation of the
Company's stock option plan, including certain amendments thereto and the
unallocated entitlements thereunder, and to ratify the issuance of certain
stock options previously granted by the Company, with 95.83% voting in favour.

 

Advisory Resolution on Executive Compensation

Management's approach to executive compensation, also disclosed in Lucara's
management proxy circular dated April 4, 2023 was approved with 97.19% of
shares represented at the meeting voting in favour.

 

Following the meeting, Mr. Paul Conibear will continue to serve as Chairman of
the Board.

 

On behalf of the Board,

 

Eira Thomas

President and Chief Executive Officer

 

Follow Lucara Diamond on Facebook (https://www.facebook.com/LucaraDiamond/) ,
Twitter (https://twitter.com/LucaraDiamond) , Instagram
(https://www.instagram.com/lucaradiamond/) , and LinkedIn
(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
                      +447788554035 | 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 Mine in Botswana and owns a 100% interest
in Clara Diamond Solutions, a secure, digital sales platform positioned to
modernize the existing diamond supply chain and ensure diamond provenance from
mine to finger.  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.

 

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 12, 2023 at 2:00pm Pacific Time.

 

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