Information posted is accurate at the time of posting, but may be superseded or qualified by subsequent press releases.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX First North:LUC) ("Lucara" or the "Corporation") is pleased to report that at the Corporation's Annual General Meeting held today in Vancouver, shareholders approved all of the resolutions put forward at the meeting, namely:
A copy of the presentation given immediately following the Annual General Meeting is available on the Company's website.
Lucara is a well positioned new diamond producer. The Company has an experienced board and management team with years of diamond development 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 a newly constructed mine is in the production ramp-up stage with full scale production expected to be achieved by the end of the second quarter of 2012. The 75% owned Mothae Project is currently in the trial mining stage.
On Behalf of the Board,
William Lamb, President and CEO
Lucara's Certified Advisor on NASDAQ OMX First North is Pareto Öhman AB.