NASDAQ OMX Welcomes Lucara Diamond to First North
Stockholm, November 25, 2011 - NASDAQ OMX (NASDAQ:NDAQ), announces that the trading in Lucara Diamond Corp. (LUC) shares will commence today, November 25, on First North at NASDAQ OMX Stockholm. Lucara Diomond belongs to the Materials sector and is the 12th company to be admitted to trading on First North in 2011. Lucara Oil is also listed on the Toronto Stock Exchange and the Botswana Stock Exchange.
Lucara Diamond Corp. is a Candian-based diamond producer focused on developing its portfolio of advanced stage diamond assets in Africa, with the aim to become a leading mid-tier African producer. Lucara is a member of the Lundin Group of Companies.
Jenny Rosberg, Senior Vice President at NASDAQ OMX, said: "It is rewarding to see yet another company cross list at NASDAQ OMX, which is a testament to the liquidity and investor reach that we can offer through First North. Lucara Diamond will make an interesting investment case for those looking for opportunities in the commodities space, and joins a long list of exciting companies that have chosen to list at First North this year."
William Lamb, President and CEO of Lucara, commented: "We are very excited about offering our shareholders the opportunity to trade their shares on First North, and also look forward to welcoming many new shareholders in the Nordic region. Today's listing on First North complements our existing listings on the Toronto Stock Exchange and the Botswana Stock Exchange by adding greater liquidity and depth of distribution."
Lucara Diamond has appointed Öhman Fondkommission as Certified Adviser.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within NASDAQ OMX Nordic. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
CONTACTS:
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com