Lucara Achieves US$54.8 Million from Its First Exceptional Stone Tender of 2017

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 11, 2017) - (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce results from its first Exceptional Stone Tender ("EST") of Karowe diamonds in 2017 and its eleventh EST since mining began in 2012. The tender consisted of 15 single stone lots, ranging from 373.72 carats to 29.90 carats in size, totaling 1765.72 carats and achieved gross revenues of US$54.8 Million (US$31,010 per carat).