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Lucara Diamond Corp (0QUI)

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Monday 11 May, 2020

Lucara Diamond Corp

AGM Statement

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 | [email protected]



Sweden

Robert Eriksson, Investor Relations & Public Relations


+46 701 112615 | [email protected]



UK Public Relations

Emily Moss / Jos Simson, Tavistock


+447788554035 | [email protected]

 

 

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.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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