Lupaka Gold Corp.

Lupaka Gold Corp. reports that it has entered into an Arbitration Funding Agreement with Bench Walk Advisors to support the Company’s arbitration claim against the Republic of Peru under the 2009 Canada-Peru Free Trade Agreement . The Agreement allows for up to USD$4.1 million to support the arbitration and related costs. All monies to be advanced by BWA are non-recourse and are only repayable upon completion of a [...]

Lupaka Gold Corp. reports that it has executed a series of mutual releases between the Company and its subsidiaries and PLI Huaura Holdings L.P. , Invicta Mining Corp S.A.C. and certain associated parties of PLI . As a result, all claims made or in the process of being made by the Lupaka Parties against the PLI Parties are deemed to be released and forever discharged from each and every one of the PLI Parties; and all [...]

Lupaka Gold reports that effective June 22, 2020, the Company has granted 1,750,000 incentive stock options to employees, consultants, officers and directors of the Company, pursuant to its 2010 Incentive Stock Option Plan. The options vest over 18 months from date of grant and are exercisable on or before June 22, 2025, at a price of $0.05 per share. Previously, the Company announced the grant of 3,700,000 incentive [...]

Lupaka Gold Corp. announces that the Company has closed the non-brokered private placement previously announced on May 14, 2020, utilizing the TSX Venture Exchange’s Temporary Relief Bulletin dated April 8, 2020. The Company issued 5,000,000 common shares at a price of $0.02 per common share of the Company for gross proceeds of $100,000 . All Shares issued are subject to a 4- month hold period from the date of issuance [...]

Lupaka Gold Corp. announces that the Company will be relying on the temporary 45 day extension to the filing deadline for its quarterly financial statements for the period ended March 31, 2020 and upcoming June 30, 2020 period end if the relief is extended, plus each of the accompanying management's discussion and analysis and related officer certifications , as granted by the Canadian Securities Administrators in [...]

Lupaka Gold Corp. announces that the Company intends to complete a non-brokered private placement utilizing the TSX Venture Exchange’s Temporary Relief Bulletin dated April 8, 2020 to enter into a non-brokered private placement at the Company’s closing market price of $0.02 per share as of May 13, 2020. The Placement will consist of 5,000,000 common shares at $0.02 per common share of the Company for gross proceeds of up [...]

Lupaka Gold Corp. announces that the Company will be relying on the temporary 45 day extension to the filing deadline for its annual financial statements, the accompanying management's discussion and analysis, and the related officer certifications for the year ended December 31, 2019, as granted by the Canadian Securities Administrators in response to the ongoing Covid-19 pandemic. Prior to the extension, the Company was [...]

Lupaka Gold Corp. . Lupaka Gold announces that on 12 December 2019 it delivered to the Peruvian Minister of Economy and Finance a Notice of Intent to Submit a Claim to Arbitration in accordance with the 2009 Free Trade Agreement between Canada and Peru . Lupaka Gold has thereby formally notified the Peruvian government that there exists an investment dispute between Lupaka Gold and the Government. The dispute arises out [...]

Lupaka Gold Corp.. We reference the Company’s August 27, 2019 news release wherein the Company provided news on the sale of PLI Huaura LC to Lonely Mountain Resources SAC, and its declaration of an early termination date of the PLI Loan under which the Company received US$6.1 million. With its unexpected and unilateral declaration of an early termination date, PLI immediately demanded that the Company pay PLI [...]

Lupaka Gold reports that effective Sept 11, 2019, the Company has granted 3,700,000 incentive stock options to employees, consultants, officers and directors of the Company, pursuant to its 2010 Incentive Stock Option Plan. The options vest over 18 months from date of grant and are exercisable on or before September 11, 2024, at a price of $0.02 per share. The Company has had almost a complete turnover of senior [...]