Lucara Diamond

VANCOUVER, B.C., Dec. 31, 2024 /CNW/ (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm)

Lucara Diamond Corp. (“Lucara” or the “Company”) reports the following in accordance with the Swedish Financial Instruments Trading Act:

On December 31, 2024, the Company issued 675,000 common shares in accordance with its debenture as described in the Company’s news release from November 15, 2023 (link to news release). The number of issued and outstanding shares of the Company has thus increased to 451,848,948 common shares with voting rights as at December 31, 2024.

The total number of voting rights in the Company is therefore 451,848,948. This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

On behalf of the Board,

William Lamb

President and Chief Executive Officer

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The information in this release is subject to the disclosure requirements of Lucara pursuant to the Swedish Financial Instruments Trading Act. This information was submitted for publication, through the agency of the contact person set out above, on December 31, 2024, at 2:00 p.m. Pacific Time.

See attached pdf