Voting Results of Lucara Annual and Special Meeting
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 13, 2015) - Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) ("Lucara" or the "Company") announces that all of the nominees proposed as directors and listed in its management proxy circular dated April 1, 2015 were elected as directors at its Annual and Special Meeting of shareholders held in Vancouver, British Columbia on May 13, 2015, the results being as follows:
The results of the other items of business voted on at the Annual and Special Meeting of the shareholders of the Company are:
Number of Directors
The number of directors to serve on the Company's Board of Directors was fixed at seven (7). Results of the vote were as follows:
Appointment of Auditors
PricewaterhouseCoopers LLP, Chartered Accountants, was appointed as auditor of the Company for the ensuing year at a remuneration to be determined by the board of directors of the Company. Results of the vote were as follows:
Adoption of a Share Unit Plan and a Stock Option Plan
A share unit plan and a stock option plan, as described in and attached to its management proxy circular dated April 01, 2015, were adopted. Results of the vote were as follows:
On behalf of the Board,
President and CEO
Lucara is a well positioned new diamond producer. The Company has an experienced board and management team with extensive diamond development and operations expertise. The Company's two key assets are the Karowe Mine in Botswana and the Mothae Project in Lesotho. The 100% owned Karowe Mine is in production. The 75% owned Mothae Project has completed its trial mining program.
The information in this release is accurate at the time of distribution but may be superseded or qualified by subsequent news releases.
The information in this release is subject to the disclosure requirements of Lucara Diamond Corp. under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on May 13, 2015 at 3:00 p.m. Pacific Time.