Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 28, 2012) – Luna Gold Corp. (TSX VENTURE:LGC)(OTCQX:LGCUF)(LMA:LGC)(“Luna” or the “Company”) is pleased to announce that the Company has completed all necessary requirements for graduation to the Toronto Stock Exchange (“TSX”) main board, including receipt of final approval from the TSX.
Luna’s common shares and listed warrants will commence trading on the TSX main board at market open on October 1, 2012. The Company’s shares will remain trading under the symbols “LGC” and “LGC.WT”. At this time, the Company’s securities will also be both delisted from and cease trading on the TSX Venture Exchange.
John Blake, Luna’s President and CEO, stated, “We are proud of Luna’s graduation to the main board of the Toronto Stock Exchange. This step serves as recognition of the progress we have made in developing Luna into a leading intermediate gold producer. We look forward to the ongoing support of our shareholders as we continue our growth.”
About Luna Gold Corp.
Luna is a gold production and exploration company engaged in the operation, discovery, and development of gold deposits and advanced stage gold exploration projects in Brazil.
On behalf of the Board of Directors
LUNA GOLD CORP.
John Blake – President and CEO
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
