Lucapa Diamond Co. Ltd. (AU:LOM) has released an update.
Lucapa Diamond Co. Ltd., an ASX-listed diamond mining and exploration company, has issued nearly one million new shares after a contractor exercised vested performance rights under the company’s incentive plan. The plan is designed to reward directors, employees, and contractors contributing to Lucapa’s success with various incentives based on the achievement of performance milestones. Lucapa operates high-value diamond mines in Angola and Lesotho and has recently acquired the Merlin Diamond Project in Australia, further expanding its mining portfolio.
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