Business
Lucara Diamond Reports Voting Results From Annual Meeting
VANCOUVER, BC, May 12, 2023 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") held its Annual General and S
About this update from Lucara Diamond Corp.
[{"type":"text","content":" VANCOUVER, BC, May 12, 2023 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. (\"Lucara\" or the \"Company\") held its Annual General and Special Meeting of shareholders in Toronto, Ontario today. Shareholders voted as follows on the matters before the meeting: Board MembersShareholders elected the following 7 board members with shareholders represented at the meeting voting in favour of individual directors as follows: Director VotesFor % VotesFor VotesWithheld % VotesWithheld Paul Conibear 264,352,502 97.41 % 7,040,747 2.59 % David Dicaire 270,456,575 99.65 % 936,674 0.35 % Marie Inkster 270,510,404 99.67 % 882,845 0.33 % Adam Lundin 266,148,568 98.07 % 5,244,681 1.93 % Catherine McLeod-Seltzer 264,431,695 97.43 % 6,961,554 2.57 % Peter J. O'Callaghan 264,312,339 97.39 % 7,080,910 2.61 % Eira Thomas 270,405,501 99.64 % 987,748 0.36 % Appointment of Auditors Shareholders re-appointed PricewaterhouseCoopers LLP as Lucara's auditors with 95.77% of shareholders voting in favour. Ordinary Resolutions to Share Unit and Stock Option Plan Amendments Shareholders passed an ordinary resolution to approve certain amendments to the Company's share unit plan, including, amongst other amendments, setting the maximum number of Common Shares reserved for issuance under the share unit plan to 17,000,000. This resolution passed with 95.81% of votes cast in favour. Shareholders passed an ordinary resolution to approve certain amendments to the Company's deferred share unit plan, with 99.62% voting in favour. Shareholders passed an ordinary resolution to approve the continuation of the Company's stock option plan, including certain amendments thereto and the unallocated entitlements thereunder, and to ratify the issuance of certain stock options previously granted by the Company, with 95.83% voting in favour. Advisory Resolution on Executive CompensationManagement's approach to executive compensation, also disclosed in Lucara's management proxy circular dated April 4, 2023 was approved with 97.19% of shares represented at the meeting voting in favour. Following the meeting, Mr. Paul Conibear will continue to serve as Chairman of the Board. On behalf of the Board, Eira ThomasPresident and Chief Executive Officer Follow Lucara Diamond on Facebook, T...