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From: Goose94	5/20/2016 6:23:20 PM
	Read Replies (2) of 203715

Luna Gold (LGC-T) May 20. '16 is pleased to announce that it has completed a secured short-term loan financing by way of an issuance of secured notes for an aggregate of US$5,000,000 on a private placement basis to Pacific Road Capital II Pty Limited, as trustee for Pacific Road Resources Fund II and Pacific Road Capital Management GP II Limited, as general partner of Pacific Road Resources Fund II L.P. The loan evidenced by the Notes will mature on April 18, 2017. The interest on the loan will be 10% per annum compounded quarterly and payable in arrears together with the principal amount at maturity subject to acceleration on an event of default. Principal and interest may be repaid in whole or in part prior to maturity at Luna's election without penalty or additional payment. The loan is secured by a first priority security interest in all of Luna's Canadian real and personal property, including a fixed and specific security interest in all shares of its subsidiary (Aurizona Goldfields Corporation) and security in bank accounts and will be guaranteed on a secured basis by Aurizona Goldfields Corporation. The Company intends to use the proceeds of the Transaction to complete the technical work related to the Pre-Feasibility Study of a restart of the Aurizona gold mine and to submit permits at Aurizona, as well as for general working capital purposes. About Luna Gold Corp. Luna is a gold company engaged in the exploration and redevelopment of the past-producing Aurizona gold mine in Northern Brazil which was put on care and maintenance in late 2015. The Company is actively advancing the mine redevelopment in the areas of engineering, permitting and project financing. On behalf of the Company LUNA GOLD CORP. Marc Leduc P.Eng. - President and Chief Executive Officer Website: www.lunagold.com For further information contact: Investor Relations +1 (720) 414-2852

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