Lucara Announces a New Multi-Year Diamond Sales Agreement with HB Antwerp
VANCOUVER, BC, February 18, 2024 /CNW/ - (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce that it has entered into a new diamond sales agreement (“NDSA”) with HB Group out of Antwerp, Belgium ("HB"), in respect of all qualifying diamonds produced in excess of 10.8 carats in size from its 100% owned Karowe Diamond Mine in Botswana. Under the terms of the 10-year NDSA with HB, the purchase price paid for Lucara's +10.8 carat rough diamonds shall be based on the mutual agreement of the estimated polished outcome,