Luminex Resources Corp. V.LR

Alternate Symbol(s): LUMIF

Metals & Mining Industrial Metals & Minerals

Luminex Resources Corp. is a Canada-based precious and base metals exploration and development company with a focus on gold and copper projects in Ecuador. The Company’s mineral exploration projects include Condor, Cascas, Pegasus, Tarqui, Orquideas and Other concessions. Condor Project has approximately nine concessions located in the Zamora-Chinchipe Province in southeast Ecuador. Cascas Project consists of two concession areas totaling 10,000 hectares located over 25 kilometers (km) southwest of the Condor project. Its Pegasus A1-7, Pegasus B8-14 and Luz concessions are an early-stage gold project comprising 66,250 hectares and are located approximately 150 km southwest of Quito. The Tarqui Project, consisting of two concession areas totaling 4,817 hectares located on trend with the Condor project. Its Other concession projects include Tres Picachos, La Canela, Orquideas and Quimi. Tres Picachos and La Canela, which are located approximately 100 km southwest of the Condor Project.

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Luminex Resources Corp.

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Post by Ebenizer3on Feb 16, 2023 10:26pm

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Post# 35291341

News Release for Early Warning Report Regarding Luminex

Excerpt......After the completion of the Acquisition, Mr. Beaty now owns, directly or indirectly, or exercises control or direction over, 34,748,803 Shares, 315,001 Options and 6,598,618 Warrants. The 34,748,803 Common Shares represent approximately 19.98% of the issued and outstanding Shares. If all of Mr. Beaty’s 315,001 Options and 6,598,618 Warrants were exercised, Mr. Beaty would own, directly or indirectly, or exercise control or direction over, approximately 23.04% of the issued and outstanding Common Shares, on a partially diluted basis.

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