VANCOUVER, BC, Oct. 27,
2023 /CNW/ - Lumina Gold Corp. (TSXV: LUM)
(OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to
announce that Ross Beaty has
converted C$15.3 million of
outstanding debt to common shares at a price of C$0.42 per share pursuant to an amended and
restated credit agreement dated December 13,
2022 (see December 15, 2022
news release for more details). As a result of this conversion,
Ross Beaty has been issued
36,484,604 common shares of Lumina, bringing his ownership in the
Company to 27.7%.
About Lumina Gold
Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base
metals exploration and development company focused on the Cangrejos
Gold-Copper Project located in El Oro Province, southwest
Ecuador. In 2023, the Company
completed a Pre-Feasibility Study for Cangrejos, which is the
largest primary gold deposit in Ecuador. Lumina has an experienced management
team with a successful track record of advancing and monetizing
exploration projects.
Follow us on: Twitter, Linkedin or Facebook.
Further details are available on the Company's website at
https://luminagold.com/. To receive future news releases please
sign up at https://luminagold.com/contact.
LUMINA GOLD CORP.
Signed: "Marshall Koval"
Marshall Koval, President
& CEO, Director
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
View original
content:https://www.prnewswire.com/news-releases/lumina-gold-announces-conversion-of-ross-beaty-credit-facility-to-common-shares-301968896.html
SOURCE Lumina Gold Corp.
