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Regulatory press release

Lucara Diamond Corp.: Lucara Share Capital and Voting Rights Update

Lucara Diamond
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VANCOUVER, BC, Sept. 29, 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:

As a result of the vesting of employee share units, the number of issued and outstanding shares of the Company has increased to 455,599,893 common shares with voting rights as at September 29, 2023.

The total number of voting rights in the Company is therefore 455,599,893. 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).

On behalf of the Board,

William Lamb

President and Chief Executive Officer

Follow Lucara Diamond on Facebook (https://www.facebook.com/LucaraDiamond/), Instagram (https://www.instagram.com/lucaradiamond/), and LinkedIn (https://www.linkedin.com/company/lucara-diamond-corp-)

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 September 29, 2023 at 2pm Pacific Time.

Please view PDF version (https://mb.cision.com/Public/17208/3845401/9d40118e36f60faf.pdf)

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