CMOC Completes Acquisition of Lumina Gold
Lumina Gold Corp. (OTCQB: LMGDF) has announced the completion of its acquisition by CMOC Singapore Pte. Ltd., a subsidiary of CMOC Group Limited. The acquisition was executed through a plan of arrangement under the British Columbia Business Corporations Act, following the initial announcement made on April 21, 2025.
As a result of the acquisition, Lumina's common shares will be delisted from the TSX Venture Exchange (TSXV) and withdrawn from trading on the OTCQB. The company will also apply to cease being a reporting issuer in Canada. The TSXV is expected to announce the formal delisting of shares in the near future.
Lumina Gold Corp. (OTCQB: LMGDF) ha annunciato il completamento della sua acquisizione da parte di CMOC Singapore Pte. Ltd., una controllata di CMOC Group Limited. L'acquisizione è stata realizzata tramite un piano di riorganizzazione ai sensi del British Columbia Business Corporations Act, a seguito dell'annuncio iniziale del 21 aprile 2025.
Di conseguenza, le azioni ordinarie di Lumina saranno cancellate dalla quotazione sulla TSX Venture Exchange (TSXV) e ritirate dalla negoziazione sull'OTCQB. La società presenterà inoltre domanda per cessare di essere un emittente soggetto a obblighi di informativa in Canada. Si prevede che la TSXV annunci formalmente la cancellazione delle azioni nel prossimo futuro.
Lumina Gold Corp. (OTCQB: LMGDF) ha anunciado la finalización de su adquisición por parte de CMOC Singapore Pte. Ltd., una subsidiaria de CMOC Group Limited. La adquisición se llevó a cabo mediante un plan de reorganización conforme a la Ley de Sociedades Comerciales de Columbia Británica, tras el anuncio inicial realizado el 21 de abril de 2025.
Como resultado de la adquisición, las acciones ordinarias de Lumina serán eliminadas de la cotización en la TSX Venture Exchange (TSXV) y retiradas de la negociación en OTCQB. La compañía también solicitará dejar de ser un emisor que reporta en Canadá. Se espera que la TSXV anuncie formalmente la eliminación de las acciones en un futuro próximo.
Lumina Gold Corp. (OTCQB: LMGDF)는 CMOC Group Limited의 자회사인 CMOC Singapore Pte. Ltd.에 의한 인수가 완료되었음을 발표했습니다. 이번 인수는 2025년 4월 21일에 처음 발표된 후, 브리티시컬럼비아 기업법에 따른 합병 계획을 통해 실행되었습니다.
인수 결과, Lumina의 보통주는 TSX 벤처 거래소(TSXV)에서 상장 폐지되고 OTCQB 거래에서 철회됩니다. 회사는 또한 캐나다에서 보고 의무가 있는 발행인 지위를 종료하기 위한 신청을 할 예정입니다. TSXV는 가까운 시일 내에 공식적인 상장 폐지 발표를 할 것으로 예상됩니다.
Lumina Gold Corp. (OTCQB : LMGDF) a annoncé l'achèvement de son acquisition par CMOC Singapore Pte. Ltd., une filiale de CMOC Group Limited. L'acquisition a été réalisée via un plan d'arrangement conformément à la British Columbia Business Corporations Act, suite à l'annonce initiale faite le 21 avril 2025.
À la suite de cette acquisition, les actions ordinaires de Lumina seront radiées de la TSX Venture Exchange (TSXV) et retirées de la négociation sur l'OTCQB. La société déposera également une demande pour cesser d'être un émetteur assujetti à l'obligation de rapport au Canada. La TSXV devrait annoncer prochainement la radiation officielle des actions.
Lumina Gold Corp. (OTCQB: LMGDF) hat den Abschluss seiner Übernahme durch CMOC Singapore Pte. Ltd., eine Tochtergesellschaft der CMOC Group Limited, bekannt gegeben. Die Übernahme erfolgte im Rahmen eines Umstrukturierungsplans nach dem British Columbia Business Corporations Act, nachdem die erste Ankündigung am 21. April 2025 gemacht wurde.
Infolge der Übernahme werden die Stammaktien von Lumina von der TSX Venture Exchange (TSXV) delistet und vom Handel am OTCQB zurückgezogen. Das Unternehmen wird außerdem beantragen, in Kanada nicht mehr als berichtspflichtiger Emittent zu gelten. Es wird erwartet, dass die TSXV in Kürze die formelle Delistung der Aktien bekannt gibt.
- Successful completion of acquisition by larger mining company CMOC Group
- Strategic consolidation that could provide operational synergies
- Clean exit for shareholders through arranged acquisition
- Delisting from TSXV and OTCQB removes public trading opportunities
- Loss of independent public company status
- Reduced transparency as company ceases to be a reporting issuer
The common shares of the Company (the "Shares") will be delisted from the TSX Venture Exchange ("TSXV"), and will be withdrawn from trading in the
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.
Cautionary Note Regarding Forward-Looking Information
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: Lumina's delisting from the TSXV, withdrawal from trading on the OTCQB and application to cease to be a reporting issuer in
With respect to forward-looking statements and information contained herein, the Company has made assumptions, including among other things, assumptions about Lumina's delisting from the TSXV, withdrawal from trading on the OTCQB and application to cease to be a reporting issuer in
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the mining industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks relating to inaccurate geological and engineering assumptions (including with respect to the tonnage, grade and recoverability of reserves and resources); risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities administrators. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE Lumina Gold Corp.
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