20/03/2017 21:30:00

Lucara Announces Dates for Exceptional Stone Tender

Related content
12 May - 
LUCARA REPORTS VOTING RESULTS FROM ANNUAL MEETING
11 May - 
LUCARA ACHIEVES US$54.8 MILLION FROM ITS FIRST EXCEPTIO..
03 May - 
LUCARA ANNOUNCES DECLARATION OF QUARTERLY DIVIDEND

VANCOUVER, BRITISH COLUMBIA--(March 20, 2017) - Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC, BSE:LUC, OMX:LUC) is pleased to announce the dates for its first Exceptional Stone Tender of 2017. Viewings for the tender will take place from May 3, 2017 through May 11, 2017 with the sale closing at 4:00pm CET on May 11, 2017. The sale will include no less than 13 exceptional diamonds, inclusive of the magnificent 374 carat Type IIa diamond and an additional three or four stones larger than 100 carats. The combined weight of diamonds for Lucara’s eleventh Exceptional Stone Tender is expected to be greater than 1,300 carats.

 

On behalf of the Board,

 

William Lamb

President and CEO

 

Lucara Diamond on Facebook

Lucara Diamond on Twitter 

Lucara Diamond on Google+     

Lucara Diamond on Instagram 

 

 

For further information, please contact: 

Tanuja Skerlec, Manager IR & PR                      +1 (604) 689-7842, tanuja.skerlec@lucaradiamond.com

Sweden: Robert Eriksson, Investor Relations        +46 701-112615, reriksson@rive6.ch

UK: Louise Mason, Citigate Dewe Rogerson       +44 (0)20 7282 2932 Louise.Mason@Citigatedr.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. 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The information in this release is accurate at the time of distribution but may be superseded or qualified by subsequent news releases.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 in this release is subject to the disclosure requirements of Lucara Diamond Corp. under the EU Market Abuse Regulation and the Securities Markets Act. This information was publicly communicated on March 20, 2017 at 2:30 p.m. Pacific Time. 

 

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

Certain of the statements made and contained herein and elsewhere constitute forward-looking statements as defined in applicable securities laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or achieved.

Forward looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The Company believes that expectations reflected in this forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information included herein should not be unduly relied upon. In particular, this release may contain forward looking information pertaining to the following: the estimates of the Company’s mineral reserve and resources; estimates of the Company’s production and sales volumes for the Karowe Mine; estimated costs to construct the Karowe Mine, start-up, exploration and development plans and objectives, production costs, exploration and development expenditures and reclamation costs; expectation of diamond price and changes to foreign currency exchange rate; expectations regarding the need to raise capital; possible impacts of disputes or litigation and other risks and uncertainties describe under Risks and Uncertainties disclosed in the Company’s Annual Information Form.

There can be no assurance that such statements will prove to be accurate, as the Company’s results and future events could differ materially from those anticipated in this forward-looking information as a result of those factors discussed in or referred to under the heading “Risk Factors’ in the Company’s most recent Annual Information Form available at http://www.sedar.com, as well as changes in general business and economic conditions, changes in interest and foreign currency rates, the supply and demand for, deliveries of and the level and volatility of prices of rough diamonds, costs of power and diesel, acts of foreign governments and the outcome of legal proceedings, inaccurate geological and recoverability assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources), unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications or expectations, cost escalations, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job actions, adverse weather conditions, and unanticipated events relating to health safety and environmental matters)

Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date the statements were made, and the Company does not assume any obligations to update or revise them to reflect new events or circumstances, except as required by law.

Attachment: luc_170320.pdf

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

PayPoint plc : Dividend Declaration

25/05/2017 10:11:47
25 May 2017 PayPoint plc - Dividends The board of directors of PayPoint plc (the "Company") has recommended the payment of a final dividend of 30 pence per share, in respect of the period ended 31 March 2017. The board has also declared an additional dividend of 24.5 pence per share. Subject to approval of shareholders of the final dividend at the Company's annual general meeting to be h..

PayPoint plc : Preliminary Results

25/05/2017 07:00:36
PayPoint plc  Preliminary results Year ended 31 March 2017 STATUTORY HIGHLIGHTS   Year ended 31 March 2017 Year ended 31 March 2016     Change Revenue £211.9m £212.6m (0.3)% Net rev..

Nasdaq to Deliver Post-Trade Technology to Depósito Central de Valores (DCV)

24/05/2017 14:00:20
The Chilean central securities depository (CSD) will boost its infrastructure capabilities and increase efficiencies with fully-fledged CSD solution based on the Nasdaq Financial Framework NEW YORK and SANTIAGO, Chile, May 24, 2017 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) and Depósito Central de Valores (DCV)  today announced a new landmark agreement to bolster the technological infrastru..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
SHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have Losses In Excess Of $100,000 From Investment In Neurotrope, Inc. (Nasdaq: NTRP) To Contact Brower Piven Before The Lead Plaintiff Deadline
2
Mesoblast Operational Highlights and Financial Results for the Period Ended March 31, 2017
3
Sysco to Webcast Presentation From the 2017 Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference
4
Expected Closing Date for Western Refining Acquisition and Election Deadline Announced
5
Ansaldo Energia S.p.A. BNP Paribas Primary New Issues : PRE-Stabilisation Notice

Related stock quotes

Lucara Diamond Corp 19.30 -1.5% Stock price decreasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
25 May 2017 11:41:02
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170517.1 - EUROWEB3 - 2017-05-25 12:41:02 - 2017-05-25 11:41:02 - 1000 - Website: OKAY