Adventus Mining Corp. and Luminex Resources Corp. are pleased to announce the successful completion of the previously announced transaction pursuant to which Adventus acquired all of the issued and outstanding common shares of Luminex by way of a court-approved plan of arrangement . Pursuant to the Arrangement, former Luminex shareholders received [...]
Luminex Resources is pleased to announce that at a special meeting of securityholders held earlier, Luminex shareholders and Luminex optionholders voted overwhelmingly in favour of the resolution approving the proposed acquisition of Luminex by Adventus Mining Corporation by way of a plan of arrangement. 85,855,189 Luminex shares, representing [...]
Luminex Resources is pleased to advise that it has successfully reached agreement with a subsidiary of Anglo American plc to amend and restate the Pegasus earn-in and joint venture agreement. Under the Amended Earn-In Agreement the Company has agreed to Anglo American having a right to earn-in and retain the original 60% earn-in ownership threshold [...]
Adventus Mining Corp. and Luminex Resources Corp. are pleased to announce that they have entered into an arrangement agreement, pursuant to which Adventus will acquire all of the issued and outstanding common shares of Luminex , in exchange for common shares of Adventus, by way of a plan of arrangement. The Transaction will create a combined [...]
Lumina Gold is pleased to announce the results of its annual general and special meeting of shareholders held on November 15, 2023 in Vancouver. Luminex's shareholders voted in favour of each of the matters considered at the Meeting, including: Electing each of Marshall Koval, Lyle Braaten, Donald Shumka, David Farrell and John Wright as directors [...]
Luminex Resources announces positive results from its metallurgical test program at the Los Cuyes deposit. The Cuyes West high-grade area, a portion of the Los Cuyes deposit within Condor North, yielded excellent metallurgical recoveries. Additionally, low-grade material and breccia material from Los Cuyes were tested and also demonstrated strong [...]
Luminex Resources advises that, further to its announcement on August 23, 2023, it has entered into discussions with the relevant subsidiary of Anglo American plc to amend the terms of the Pegasus Earn-In. As a result, the parties have agreed to suspend the effect of the withdrawal notice received on August 22, 2023 for a period of 45 days to allow [...]
Luminex has signed an agreement with an additional 17 artisanal miners in a recently constituted local entity, Minera Nupers most of whom hold historical operating permits granted by the Ministry of Energy and Mines within the Condor Project's mineral concessions. The negotiated agreement is the second such agreement and is part of an ongoing [...]
Luminex Resources announces that on August 22, 2023, the relevant subsidiary of Anglo American plc submitted a withdrawal notice with respect to its option to increase its ownership in the Pegasus project in Ecuador from 25% to 51%. Anglo American has drilled approximately 1,800 m at the Medusa North target at Pegasus A and had planned to continue [...]
Luminex participated in a mediated negotiation process with 19 mining operators, most of whom hold historical operating permits granted by the Ministry of Energy and Mines within the Condor project. The agreement resolves outstanding issues with a critical mass of local miners through a newly constituted local entity, Minera La Pangui S.A.S. The [...]
Cuyes West Drilling Highlights: CU23-30 - 5.0 metres grading 6.75 g/t Au Eq intersected dacite porphyry CU23-31 - 1.0 metre grading 11.03 g/t Au Eq intersected in the Cuyes West structure and 89 metres in the breccia pipe grading 1.01 g/t Au Eq Luminex Resources Corp. is pleased to announce drill results from two holes that successfully targeted a [...]
Cuyes West Drilling Highlights: CU23-27 - 287.0 metres grading 1.21 g/t Au Eq, including 2.0 metres grading 34.78 g/t Au Eq intersected in the breccia pipe CU23-28 - 24.0 metres grading 2.47 g/t Au Eq intersected in the Cuyes West structure CU23-29 - 30.0 metres grading 2.83 g/t Au Eq intersected in the Cuyes West structure; including 6.0 metres of [...]