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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Natedog who wrote (9165)11/10/2014 6:09:57 PM
From: Rocket Red  Read Replies (1) of 16206
 
Lucara Diamond earns $41.8-million (U.S.) in Q3 2014

2014-11-10 18:11 ET - News Release
Shares issued 378,984,414
LUC Close 2014-11-07 C$ 2.40


Mr. William Lamb reports

Q3 RESULTS: LUCARA DECLARES SPECIAL DIVIDEND FOLLOWING STRONG REVENUES AND OPERATING PERFORMANCE

Lucara declares two-cent, four-cent dividends

2014-11-10 18:08 ET - News Release
Shares issued 378,984,414
LUC Close 2014-11-07 C$ 2.40

Mr. William Lamb reports

LUCARA ANNOUNCES SEMI-ANNUAL AND SPECIAL DIVIDEND

Lucara Diamond Corp.'s board of directors has declared a semi-annual dividend of two cents per share and a special dividend of four cents per share, resulting in a full-year dividend of eight cents per share, to the holders of the company's common shares.

The dividend will be paid on Dec. 18, 2014, to holders of record of the company's common shares at the close of business on Dec. 5, 2014.

The payment of this dividend is consistent with the company's dividend policy providing for the payment of semi-annual dividends and the payment, from time to time, of a special dividend, based on revenues generated from exceptional stone tenders, the company's overall financial position and other factors existing at the time under consideration. The payment of future cash dividends under the policy is subject to the board's continuing determination that the declaration of a dividend is in the best interests of Lucara and Lucara's shareholders, and is in compliance with all laws and agreements of Lucara applicable to the declaration and payment of cash dividends.
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