VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2012) -Lumina Copper Corp. ("Lumina") (TSX VENTURE:LCC) hereby announces that it has agreed with Lumina Capital Limited Partnership ("LCLP") to increase the aggregate principal amount available under the loan from Cdn. $10 million to Cdn. $13 million. The loan accrues interest at a rate of 10% per annum and will be used for working capital and general corporate purposes.
The loan cannot be converted into, exchanged for or otherwise modified to create any obligation on Lumina to issue, directly or indirectly, any equity or voting securities of Lumina or any subsidiary of Lumina, including with respect to the repayment of either principal or interest accruing in respect of the loan. As the loan is not convertible into equity or voting securities of Lumina, there will be no effect on the percentage of securities of Lumina held by LCLP as a result of the loan.
LUMINA COPPER CORP.
David Strang, President & CEO