Vancouver, February 25, 2014 – Luna Gold Corp. (TSX-LGC) (LMA-LGC) (OTCQX-LGCUF)
(“Luna” or the “Company”) is pleased to announce that it has completed its previously announced public offering (the “Offering”) of 16,950,000 common shares (the “Shares”) at a price of $1.18 per Share for gross proceeds to the Company of approximately C$20 million. The Offering was conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and Canaccord Genuity Corp., and also included BMO Capital Markets, Haywood Securities Inc. and RBC Capital Markets.
The net proceeds of the Offering will be used for general corporate purposes.
The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Luna Gold Corp.
Luna is a gold production company engaged in the operation, expansion, and exploration of gold projects in Brazil.