Lumina Gold Announces US$10.2 million Wheaton Precious Metals Draw and Amendment to the PMPA
VANCOUVER, BC, May 31, 2024 /PRNewswire/ – Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the “Company” or “Lumina”) is pleased to announce that under the previously announced US$300 million precious metals purchase agreement (the “PMPA”) with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. (“Wheaton”), the Company has drawn an additional installment of US$10.2 million. The draw consisted of two tranches, US$9 million which was due twelve months after the initial draw in May 2023 and US$1.2 million related to specific pre-construction acquisition transactions.
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