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Last C$0.09 CAD
Change Today 0.00 / 0.00%
Volume 32.3K
LGC On Other Exchanges
As of 2:43 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

luna gold corp (LGC) Snapshot

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07/11/14 - C$1.34
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06/18/15 - C$0.08
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luna gold corp (LGC) Details

Luna Gold Corp. engages in the acquisition, exploration, development, and operation of gold properties in Brazil. Its principal project, the Aurizona gold mine comprises 1 mining license and 3 exploration permits covering an area of approximately 15,500 hectares located in Maranhao, Brazil. The company also holds interest in the Luna Greenfields exploration property, which covers an area of approximately 190,000 hectares in Brazil. The company was formerly known as, Inc. and changed its name to Luna Gold Corp. in August 2003. Luna Gold Corp. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Founded in 1986

luna gold corp (LGC) Top Compensated Officers

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luna gold corp (LGC) Key Developments

Luna Gold Corp. Announces Executive Changes

Luna Gold Corp. announced the departure of Duane Lo from the positions of Executive Vice President and CFO, effective June 30, 2015. Concurrently, the company announced the appointment of Mr. Brad Blacketor as Chief Financial Officer effective July 7, 2015. Mr. Lo will remain affiliated with the company for a period of time to assist in this transition. Mr. Blacketor brings more than 20 years of financial experience in the mining industry to the company. He has extensive senior management skills including 11 years as CFO of Metallica Resources Inc. prior to their merger into New Gold Inc.

Luna Gold Corp. Enters into Second Amendment to the Forbearance Agreement with Société Générale, Mizuho Bank, Ltd. and the Other Parties

Luna Gold Corp. announced that it has entered into a second amendment to the forbearance agreement dated March 5, 2015, as amended May 1, 2015 with Société Générale, Mizuho Bank Ltd. and the other parties to the company's February 15, 2013 credit agreement, as amended as discussed in releases dated March 5, 2015 and May 1, 2015. Under the terms of the Second Amended Forbearance Agreement, the Finance Parties will refrain from exercising any rights or remedies that they may have under the Credit Agreement or otherwise in respect of the company's covenant breach and any subsequent default by the company until July 1, 2015, unless a breach of the Second Amended Forbearance Agreement occurs or a further breach of the Credit Agreement occurs, or if the previously announced investment by Pacific Road Capital II Pty Limited and its affiliates is terminated. If all outstanding obligations under the Credit Agreement are not paid in full by the end of the Forbearance Period, Luna must pay an extension fee of $50,000.

Luna Gold Corp. Reports Production and Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Luna Gold Corp. reported production and consolidated earnings results for the first quarter ended March 31, 2015. For the period, the company reported revenue of $25.9 million. Net loss of $3.4 million or $0.02 per share. Cash flow from operating activities before changes in non-cash working capital of $5.5 million or $0.04 per share. For the quarter, the company reported gold production of 18,790 ounces.


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