Thomas and McLeod-Seltzer buying at Lucara Diamond (LUC)

Thomas and McLeod-Seltzer buying at Lucara Diamond (T:LUC)

Updated Tuesday Mar 06, 2018 01:35 AM EDT
Eira Margaret Thomas, CEO and Director, acquired 1,192,000 Common Shares on a direct ownership basis at a price of $2.256 through a prospectus or prospectus exempt offering on March 2nd, 2018. This represents a $2,688,794 investment into the company's shares and an account share holdings change of 29.8%.

In addition, Catherine McLeod-Seltzer, a Director, acquired 400,000 Common Shares on a direct ownership basis at a price of $2.256 through a prospectus or prospectus exempt offering on March 2nd, 2018. This represents a $902,280 investment into the company's shares and an account share holdings change of 10.0%.

Lucara Diamond is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Lucara Diamond Corp. is a diamond mining company focused in Africa. The Company's business consists of the acquisition, exploration, development and operation of diamond properties. Its segments include Karowe Mine, and Corporate and other. The Company holds a 100% interest in the Karowe Mine and three prospecting licenses located in Botswana. The Karowe Mine is located in north-central Botswana and is part of the Orapa/Letlhakane Kimberlite district. The kimberlite at the Karowe Mine (the AK6 Kimberlite) consists of three distinct intrusions, which form a contiguous tri-lobate kimberlite pipe. The Karowe Mine is the mine developed from the Company's AK6 Project. The Company holds interest in two precious stone prospecting licenses (PL367/2014 and PL371/2014), which host kimberlites, BK02, AK11 and AK12, AK13 and AK14. The prospecting licenses are located within a distance of 15 kilometer and 30 kilometer from the Karowe mine.


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