Lupaka Gold Corp.

Lupaka Gold Corp. announces that the Company has received a formal Notice of Acceleration from PLI Huara Holdings L.P. on its prepaid gold purchase agreement . The Notice of Acceleration claims that as a result of existing specified claims of default, PLI has declared an early termination date of the loan and is requesting immediate payment of US$15,581,654. The specified claims of default relate primarily to the [...]

Lupaka Gold Corp. is announcing the change of ownership of PLI Huara Holdings L.P. , the creditor to the Company under the existing prepaid gold purchase agreement. Lupaka was advised on July 1, 2019 that PLI had been sold to Lonely Mountain Resources S.A.C. by the previous owner, Pandion Mine Finance. The Company looks forward to working with Lonely Mountain. Neither the TSX Venture Exchange nor its Regulation Service [...]

Lupaka Gold Corp. announces that discussions between the Company and community leaders from the nearby community of Paran have been abandoned by the President of Paran. Once again Paran has resumed their illegal demonstration, preventing the Company from accessing the Invicta Gold Development Project . In doing so Paran has failed to honour the agreement signed earlier in March, which included the commitment to provide [...]

Lupaka Gold Corp. announces that it has closed on $665,000 of its previously announced non-brokered private placement , and approximately $874,000 of the previously announced shares-for-debt transaction . In connection with the Offering and SFD Transaction, Lupaka Gold has issued 25,649,508 units of the Company . Non-brokered Private Placement The Company has closed $665,000 of the Offering, as announced on January 28 [...]

Lupaka Gold Corp. is providing additional details under the debt-for-share conversion application to the TSX Venture Exchange , as well as an update with respect to the non-brokered private placement announced on January 28, 2019 and updated on February 14, 2019. Will Ansley, President and CEO stated, “The initiatives outlined today will improve the Company’s short-term liquidity position by a combined $2.0 [...]

Lupaka Gold Corp. reports that discussions between community leaders and the authorities have resulted in the end of the illegal demonstration at the Company’s Invicta Gold Development Project . As previously announced on October 25, 2018, access to Invicta had been restricted due to a blockade by community members from the nearby community of Paran. The Company has agreed to enter into a formal dialogue table with [...]

Lupaka Gold Corp. announces that the Company has updated the terms of the non-brokered private placement of units originally announced on January 28, 2019 and has taken additional steps to significantly improve the Company’s liquidity. The Company will be raising up to $1,000,000 by way of a non-brokered private placement. Each Unit will be priced at $0.06 and will consist of one common share of the Company and one [...]

Lupaka Gold Corp. reports that despite considerable effort to broker an end to the illegal demonstration at the Company’s Invicta Gold Development Project , the demonstration continues. As previously announced on October 25, 2018, access to Invicta had been restricted due to an illegal blockade by community members from the nearby community of Paran. In addition, the Company announces that it intends to complete a [...]

Lupaka Gold Corp. reports that effective November 21, 2018, the Company has granted, pursuant to its 2010 Incentive Stock Option Plan, 1,725,000 incentive stock options to employees, consultants, officers and directors of the Company. Including this issuance, outstanding options represent approximately 8% of the issued common shares. The options vest over 18 months from date of grant and are exercisable on or before [...]

Lupaka Gold Corp. reports that operations at the Invicta Gold Development Project have been impacted by an illegal demonstration by a group of community members from the nearby community of Paran. The demonstrators have blockaded the access road directly outside of the main gate at Invicta, restricting access to site. All mine employees have been safely relocated pending the outcome of this situation. The Company has [...]