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Dismissal of Claims Against African Diamonds Upheld

Charlotte McLeod
Feb. 06, 2014 04:53PM PST
Diamond Investing

Lucara Diamond Corp. (TSX:LUC) announced that Botswana’s Court of Appeals upheld the High Court’s previous dismissal of claims made against Lucara’s subsidiary, African Diamonds plc.

Lucara Diamond Corp. (TSX:LUC) announced that Botswana’s Court of Appeals upheld the High Court’s previous dismissal of claims made against Lucara’s subsidiary, African Diamonds plc.

As quoted in the press release:

The Appeal was heard in Botswana by a panel of international judges on Jan 21, 2014 with the judgment being handed down today.

The Court of Appeals upheld the previous ruling by the Botswana High Court, dismissing the claim against African Diamonds, with costs awarded against the plaintiffs.

Click here to read the full Lucara Diamond Corp. (TSX:LUC) press release.

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