Lumina Gold Announces Conversion of Ross Beaty Credit Facility to Common Shares

October 27, 2023

VANCOUVER, BC, Oct. 27, 2023 /PRNewswire/ – 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%.

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