Lucara Announces Q1 2020 Results
VANCOUVER, May 7, 2020 /CNW/ - (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) today reports its results for the quarter ended March 31, 2020. HIGHLIGHTS FOR THE QUARTER ENDED MARCH 31, 2020 · As at March 31, 2020, the Company had cash and cash equivalents of $27.4 million, an increase of $16.2 million from December 31, 2019. The Company maintained draws totalling $19.0 million on the working capital facility from Q1 2020. A balance of $31.0 million is available to be drawn for working capital, if required, subsequent to March 31,