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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (21495)8/29/2016 7:32:39 PM
From: Goose94Read Replies (1) of 203690
 
Luna Gold (LGC-V) Aug 29, '16 has completed its private placement offering of units in the Company as previously announced on August 15 and August 16, 2016. Under the private placement, a total of 35,000,000 units were sold at a price of C$0.20 per unit for gross proceeds of C$7.0 million. Each Unit consisted of one common share of the Company, and one common share purchase warrant. Each Warrant is exercisable at a price of C$0.25 per common share for a period of 60 months from the closing of the Offering.

Proceeds from the Financing will be used to complete technical work required to restart the Aurizona Gold Mine, as well as for general working capital purposes.

About Luna Gold Corp.

Luna is engaged in the exploration and redevelopment of its past producing Aurizona Gold Mine, which was placed on care and maintenance in 2015. The Company expects to publish a National Instrument 43-101 compliant technical report for the Aurizona Gold Mine in 2016.

On behalf of the Company

LUNA GOLD CORP.

Christian Milau, Chief Executive Officer and Director
Website: www.lunagold.com

For further information contact
Investor Relations
+1-604-558-0560
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