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Lumina to raise C$16m

Narrower-focused Lumina Gold (TSXV: LUM) has announced plans to raise up to C$16 million (US$12.2 million) to progress its flagship Cangrejos copper-gold project in Ecuador.

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Funds to progress Cangrejos copper-gold project in Ecuador

Lumina plans to raise C$9.5 million (US$7.2 million) at 56c per common share, with the offering led by Haywood Securities on behalf of a syndicate.

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