VANCOUVER, BC --(Marketwired - March 06, 2017) - Lumina Gold
Corp. (TSX VENTURE: LUM) (the "Company") is pleased to announce the
appointment of Scott Hicks as Vice President, Corporate Development and Communications of the Company. Prior to his appointment,
Mr. Hicks was a member of the investment banking team with RBC Capital Markets ("RBC") specializing in metals and mining. Prior
to working at RBC, he worked at BMO Capital Markets in a similar capacity. While in investment banking, he assisted both public
and private companies in assessing and executing on various strategic initiatives including mergers and acquisitions, strategic
investments as well as other forms of equity and debt capital raising. Mr. Hicks holds a Bachelor of Commerce (Honours) in
Finance and Real Estate from the Sauder School of Business at the University of British Columbia.
As Vice President, Corporate Development and Communications for Lumina, Mr. Hicks will lead the ongoing business development
efforts of the Company with the goal of seeking attractive opportunities in growing the Company.
In conjunction with his appointment, Lumina has granted Mr. Hicks 500,000 options pursuant to its stock option plan. Each
option has an exercise price of $0.90, will expire on March 6, 2022, and vests in 1/3 tranches annually, with 1/3 vesting on the
date of grant.
About Lumina Gold
Lumina Gold Corp (TSX VENTURE: LUM) is a Vancouver Canada based precious and base metals
exploration and development company focused on gold and copper projects in Ecuador. The Cangrejos Au-Cu project (4Moz Au Inferred
Resource) is located in El Oro province, SW Ecuador, and the Condor Au-Cu project (8 Moz Au Indicated Resource) is located in
Zamora-Chinchipe Province, SE Ecuador. The Company also holds a large and highly prospective land package in Ecuador consisting
of 131,161 hectares.
Further details are available on the Company's website at https://luminagold.com/investors/presentations.
LUMINA GOLD CORP.
Signed: "Marshall Koval"
Marshall Koval, President & CEO
Neither the 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 news release.