Lucara Announces Retirement of Chairman
February 17, 2022
NEWS RELEASE
LUCARA ANNOUNCES RETIREMENT OF CHAIRMAN
February 17, 2022 Vancouver, British Columbia (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara
Diamond Corp. (“Lucara” or the “Company”) announces that Mr. Lukas Lundin, current Chair and a Director
of the Company, has indicated his intention to retire from the Board upon the completion of his term at the
Company’s upcoming 2022 Annual Meeting of Shareholders.
Eira Thomas, President and CEO, commented, “On behalf of the Board and management team of Lu cara, I
want to thank Lukas for his invaluable contributi ons to the Company as a founder and visionary, who was
instrumental in transforming Karowe into one of the world’s leading, high margin diamond mines, renowned
for its recovery of large, high value diamonds and the only mine in recorded history to have recovered three
diamonds in excess of 1000 carats. With his ongoing support, we look forward to a long and successful future
at Karowe, expanding the mine underground and extending mine-life out until at least 2040.”
Given the significant Lundin family owner ship of Lucara shares (~ 24.5%), it is the family’s intention to
recommend ongoing representation on the Lucara Board of Directors. The Company’s Corporate Governance
and Nominating Committee will evaluate and assess the skills and experience for any director nominee to
replace Mr. Lundin, to ensure that Lucara retains the skills and experience necessary for a competent board.
The director nominee will stand for election at Lucara’s Annual General Meeti ng, scheduled to be held on
May 6, 2022 in Vancouver, Canada.
On behalf of the Board,
Eira Thomas
President and Chief Executive Officer
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For further information, please contact:
Tetiana Konstantynivska Investor Relations & Communications
+1 604 674 0272| [email protected]
Sweden Robert Eriksson, Investor Relations & Public Relations
+46 701 112615 | [email protected]
UK Public Relations Charles Vivian / Jos Simson, Tavistock
+44 79 772 97903 | [email protected]
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ABOUT LUCARA
Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned
Karowe Mine in Botswana and owns a 100% interest in Clara Diamond Solutions, a secure, digital sales
platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from
mine to finger. 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 safet y, 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 was submitted for publication, through the agency of the conta ct person set out above, at
12:00 p.m. Pacific Time on February 17, 2022.