Lupaka Gold announces that the Company has signed a definitive sales agreement to sell all of its interests in the Crucero Gold Project to GoldMining . "This sale allows Lupaka to focus its efforts on its core properties that we believe have much greater and more immediate development potential," stated Gordon Ellis, President and C.E.O. "Upon the closing of this transaction, the Company will be fully funded to bring its [...]
Lupaka Gold is pleased to announce that the Company has successfully negotiated an early payout of a production royalty on its Invicta property. The royalty was held by Franco-Nevada and included quarterly payments totalling US$800,000 which were to commence upon the start of commercial production and continue for 16 quarters. Payout and filing of the royalty termination documents has resulted in elimination of all [...]
Lupaka Gold is pleased to announce that the Company has received Tranche 1 of the US$7,000,000 PLI Financing Agreement announced in the Company's news release of May 16, 2017. Pursuant to a recent amendment of the PLI Financing Agreement, the PLI financing proceeds will be provided by PLI in three tranches: Tranche 1 - US$1,600,000 (received, net of related fees); Tranche 2 - US$2,000,000; and Tranche 3 - US$2,500,000 [...]
Lupaka Gold is pleased to provide an update regarding progress with its Invicta project and the Pre-Paid Forward Gold Purchase Agreement with PLI Huaura Holdings previously announced on May 16. Tranche 1 of the PLI Financing With the execution of a community agreement with the Lacsanga Community, the Company has completed the final significant condition precedent necessary to close the $4.5 million first tranche of [...]
Lupaka Gold is pleased to announce that on June 30, 2017 it has closed the Bridge Loan Financing previously announced on June 22, 2017, with a group of third-party individuals and Gordon Ellis and Stephen Silbernagel, who are Company Insiders, pursuant to which the Company has agreed to borrow a total of C$600,000. The proceeds will be used for the payment of concession fees, advancement of the Company's mineral [...]
Lupaka Gold is pleased to announce that it has entered into loan agreements with a group of third-party individuals and Gordon Ellis and Stephen Silbernagel, who are Company Insiders, pursuant to which the Company has agreed to borrow a total of C$600,000. The proceeds will be used for the payment of concession fees, advancement of the Company's mineral properties and for general working capital purposes. The Loan is [...]
Lupaka Gold announces that it has closed the non-brokered private placement previously announced on May 19, 2017. The Company issued 2,000,000 units priced at $0.15 per Unit for gross proceeds of $300,000. Each Unit consists of one common share and one transferable common share purchase warrant. Each Warrant entitles the holder to purchase one additional common share, exercisable at $0.23 for a period of thirty-six months [...]
Lupaka Gold announces that it intends to complete a non-brokered private placement to raise gross proceeds of up to $300,000. The Company plans to issue up to 2,000,000 units priced at $0.15 per Unit. Each Unit consists of one common share and one transferable common share purchase warrant. Each Warrant entitles the holder to purchase one additional common share, exercisable at $0.23 for a period of thirty six months from [...]
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2017) - Lupaka Gold Corp. (TSXV: LPK) (FSE: LQP) ("Lupaka Gold" or the "Company") announces that it has executed an amendment (the "Amended Agreement") of the definitive Pre-Paid Forward Gold Purchase Agreement (the "Original Agreement") with PLI Huaura Holdings LP ("PLI"), a limited partnership organized under the laws of British Columbia, previously announced on [...]
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2017) - Lupaka Gold Corp (TSXV: LPK) (FSE: LQP) ("Lupaka Gold" or the "Company") is pleased to announce that it has completed the shares for debt (the "Shares For Debt") transaction originally announced on January 12, 2017. Upon receiving approval from the TSX Venture Exchange, the Company completed the transaction and issued to the Creditors 300,000 Common Shares [...]
VANCOUVER, BC / ACCESSWIRE / January 23, 2017 / Lupaka Gold Corp. (TSX-V: LPK) (FSE: LQP) ("Lupaka Gold" or the "Company") is pleased to announce that it has completed the shares for debt (the "Shares For Debt") transaction originally announced on January 12, 2017. Upon receiving approval from the TSX Venture Exchange, the Company completed the transaction and issued to the Creditors 300,000 Common Shares at a deemed [...]
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2017) - Lupaka Gold Corp. (TSXV: LPK) (FSE: LQP) ("Lupaka Gold" or the "Company") is pleased to announce that it has: closed the Bridge Loan Financing (the "Loan") previously announced on January 4, 2017 in the amount of $300,000, with a group of third-party individuals and Darryl Jones (CFO), a Company Insider (collectively, the "Lenders"), pursuant to which [...]