Lucara Diamond Corp T.LUC

Alternate Symbol(s): LUCRF

Metals & Mining Industrial Metals & Minerals

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.

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Lucara Diamond Corp > November 15 - the Longstop Date

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Post by AndersSon Nov 15, 2023 11:03am

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Post# 35736828

November 15 - the Longstop Date

Anything special with todays date?

From the Q3 report -

"On October 31, 2023, the Company received a short-term extension of the maturity of the WCF and a deferral of the requirement to place $52.9 million in a cost overrun facility (the "COF") to the earlier of the conclusion of discussions with its Lenders or November 15, 2023 (the "Longstop Date"). An earlier extension granted by the Lenders on August 23, 2023, was due to expire on November 1, 2023."