VANCOUVER, BRITISH COLUMBIA--(Marketwire -
Dec. 17, 2009) - Lucara
("Lucara" or the "Company") (TSX VENTURE:LUC) is pleased to
announce that it has received approval from the Government of the Republic of
Botswana in respect of the Company's acquisition of a 70.268% interest in the
AK6 diamond project in Botswana.
As previously announced on November 10, 2009
Lucara entered into a Sale Agreement to acquire a 70.268% interest in Boteti
Exploration (Pty) Ltd. ("Boteti"), which holds a 100% interest in the AK6
project, from De Beers Prospecting Botswana (Pty) Limited ("De Beers"). All
conditions requisite to completing the transaction have been satisfied and the
acquisition has now closed.
On Behalf of the Board,
William Lamb, President and COO