VANCOUVER, BC, August 31, 2023 /CNW/ - (LUC - TSX, LUC - BSE, LUC - Nasdaq Stockholm)

Lucara Diamond Corp. ("Lucara" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act:

The Company issued 450,000 common shares to its largest shareholder, Nemesia S.a.r.l. as consideration for providing a Liquidity Guarantee of up to $15.0 million in aggregate, as described in the Company's news release from August 23, 2023. The number of issued and outstanding shares of the Company has increased to 455,028,873 common shares with voting rights as at August 31, 2023.

The total number of voting rights in the Company is therefore 455,028,873. This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

William Lamb
President and Chief Executive Officer

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The information is information that Lucara is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. This information was submitted for publication, through the agency of the contact person set out above, on August 31, 2023 at 2pm Pacific Time.

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