NASDAQ OMX Welcomes Lucara Diamond to the Main Market
NASDAQ OMX (NASDAQ:NDAQ) announced that Lucara Diamond Corp. (short name: LUC), a Small Cap company within the Basic Material sector, has started trading of its shares on the main market of NASDAQ OMX Stockholm. Lucara Diamond was previously listed at First North and is, including switches, the eighth company to list at NASDAQ OMX’s Nordic main markets in 2014 (NASDAQ OMX Stockholm; Helsinki; Copenhagen; and Iceland).
Lucara Diamond is a new diamond producer. Its two key assets are in Africa, in the Karowe mine in Botswana and the Mothae project in Lesotho. Both Mothae and Karowe are large scale assets with tonnage, and throughput upside and production has consistently included large, Type IIA stones. Lucara Diamond is a member of the Lundin Group of Companies and is, in addition to NASDAQ OMX Stockholm, listed on the Toronto Securities Exchange (TSX) Exchange and the Botswana Stock Exchange. For more information about Lucara Diamond visit www.lucaradiamond.com.
”The move to the Main Market of NASDAQ OMX Stockholm is a significant step forward for Lucara and provides additional opportunities for investors to gain access to a very exciting diamond production story,” said William Lamb, Lucara’s President and CEO.
”We welcome Lucara Diamond to NASDAQ OMX and to our materials segment,” said Adam Kostyal, Senior Vice President at NASDAQ OMX. “It is always rewarding to see companies listed on our growth market First North taking the step to our main market. Since the launch of First North in 2006 around five companies per year have moved up to the main market, thus proving the efficiency of our Nordic listing model.”
To view a CEO interview from the listing ceremony click here.
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and approximately 1 in 10 of the world’s securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
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The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about futures products to be traded on NFX and NASDAQ OMX’s other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX’s control. These factors include, but are not limited to factors detailed in NASDAQ OMX’s annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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