Lucara Announces 24 Month Extension to HB Supply Agreement
VANCOUVER, April 6, 2021 /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 24-month extension of its definitive supply agreement with HB Antwerp (“HB”), in respect of all diamonds produced in excess of 10.8 carats in size from its 100% owned Karowe Diamond Mine in Botswana. Large, high value diamonds in excess of 10.8 carats in size account for approximately 70% of Lucara's annual revenues. Though the Karowe mine has remained fully operational throughout the COVID-19 pandemic, Lucara