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Lumina Gold Corp. (TSXV: LUM) is a Vancouver-based exploration and development company focused on the Cangrejos Gold-Copper Project in Ecuador. The company recently completed a Pre-Feasibility Study for the project, showcasing its potential as the largest primary gold deposit in Ecuador.
With a strong management team and a successful track record of advancing exploration projects, Lumina Gold Corp. is committed to furthering its activities and achieving its goals. The company is currently funded by a substantial financing package from Wheaton Precious Metals, demonstrating confidence in its future prospects.
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Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) announced the granting of 5,635,000 stock options and 3,500,000 restricted share units (RSUs) under the Omnibus Equity Incentive Plan. The options have an exercise price of $0.33 per share and will expire on December 18, 2028. Additionally, the company renewed its agreement with First Globe Capital International Inc. for an additional 12 months, providing marketing and advisory services. First Globe is owned by Anish Sunderji and will be compensated with the First Globe Options and reimbursement for incidental expenses.
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Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) announced the initiation of a major work program to support the development of the Cangrejos and Gran Bestia gold-copper deposits. The program includes the collection of metallurgical samples, comminution test work, detailed mineralogy, and flotation test work for gold and copper recovery estimates. The Company has completed drilling of 3,065 meters for metallurgical samples and 7,767 meters for upgrading Indicated Resources to Measured category. The feasibility study is expected to be completed in H1 2025.
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Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) has drawn down a total of US$16.7 million under the US$300 million precious metals purchase agreement with Wheaton Precious Metals International Ltd. The draw will fund activities until the next tranche in May 2024 as the company progresses the Feasibility Study.
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Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) Announces Shareholder Approval of Key Matters at Annual Meeting in Vancouver
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Lumina Gold (TSXV: LUM) to participate in Deutsche Goldmesse Fall Conference, presenting to European investors on November 25th. Online registration available at https://deutschegoldmesse.online/investor-registration-2/. Managing Director of Soar Financial Partners, Kai Hoffmann, comments on the significance of the event for the junior mining sector.
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Lumina Gold announces its participation in the 121 Mining Investment Conference in London. The conference will host over 175 mining companies and 500 investors for two days of pre-arranged meetings. The event will provide expert commentary and market intelligence on industry developments. The conference will take place on November 20-21.
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Lumina Gold Corp. announces the conversion of Ross Beaty's debt to common shares, resulting in him owning 27.7% of the company.
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Lumina Gold provides an update on the Cangrejos project
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FAQ
What is the current stock price of LUMINA GOLD (LMGDF)?
The current stock price of LUMINA GOLD (LMGDF) is $0.354 as of November 22, 2024.
What is the market cap of LUMINA GOLD (LMGDF)?
The market cap of LUMINA GOLD (LMGDF) is approximately 149.8M.
What is Lumina Gold Corp. focused on?
Lumina Gold Corp. is focused on the Cangrejos Gold-Copper Project in Ecuador.
What recent milestone did the company achieve?
The company completed a Pre-Feasibility Study for the Cangrejos project.
Who is funding Lumina Gold Corp.'s activities?
The company is currently funded by a US$300 million financing package from Wheaton Precious Metals.
What sets Lumina Gold Corp. apart?
The company has a strong management team with a proven track record in advancing exploration projects.
Where is Lumina Gold Corp. headquartered?
Lumina Gold Corp. is headquartered in Vancouver, Canada.
What is the company's vision for the future?
The company is dedicated to furthering its exploration activities and achieving its defined goals.
What makes the Cangrejos project unique?
The Cangrejos project is considered the largest primary gold deposit in Ecuador, showcasing significant potential.
How can investors stay informed about Lumina Gold Corp.?
Investors can follow the company on Twitter, LinkedIn, and Facebook for the latest updates and news.
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