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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration license in Botswana. It is an independent producer of large Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine is the focus of the Company's operations and development activities. Its 100% owned Karowe mine is a producer of large Type IIA diamonds, more than 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.


TSX:LUC - Post by User

Bullboard Posts
Comment by nyonion Jun 16, 2019 8:05am
138 Views
Post# 29829956

RE:RE:RE:GOV’T TO BUY SHARES IN LUCARA

RE:RE:RE:GOV’T TO BUY SHARES IN LUCARAThere may very well be a trading halt pending an announcement.

Either the govt will purchase on the open market or the company will issue more shares.
If the latter it will be dilution neutral since the company will receive the equivalent in cash.
Bullboard Posts