Lucara Diamond Corp. is pleased to announce that the acquisition of African Diamonds Plc has closed. The acquisition was carried out by way of an English court-approved Scheme of Arrangement. All court and regulatory approvals have now been received and AFD has ceased trading on the AIM exchange. Pursuant to the Scheme of Arrangement, Lucara has [...]
Lucara Diamond Corp. is pleased to announce that African Diamonds Plc shareholders approved the previously announced Plan of Arrangement at a Special General Meeting held in London on November 26, 2010, voting 98.2% in favour of the transaction. Pursuant to the plan of arrangement, Lucara will acquire all of the issued and outstanding shares of AFD [...]
Lucara Diamond Corp. and joint venture partner African Diamonds Plc are pleased to announce the formal, positive decision to proceed with the construction of the AK6 diamond mine in Botswana. Construction of AK6 will begin over the next couple of months with full commissioning of the new mine targeted to be achieved in early 2012. AK6 will be one [...]
Lucara Diamond Corp.[/wp] and African Diamonds Plc are pleased to announce that they have entered into an agreement pursuant to which Lucara proposes to acquire all of the issued and outstanding shares of AFD on the basis of 0.80 of a common share of Lucara for each AFD common share by way of an English court-approved Scheme of Arrangement. AFD is a [...]
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