Lumina Copper Corp. Announces June 16, 2011 as Effective Date for Arrangement With Lumina Royalty Corp.
14 Junho 2011 - 6:36PM
Marketwired
Lumina Copper Corp. (TSX VENTURE: LCC) ("Lumina Copper") is pleased
to announce that the final conditions to Lumina Copper's
arrangement with Lumina Royalty Corp. ("Lumina Royalty") have been
met. Accordingly, pursuant to the arrangement, the owners of common
shares of Lumina Copper as of 11:59 p.m. (Vancouver time) on
Thursday, June 16, 2011 will receive one common share of Lumina
Royalty for every common share of Lumina Copper that they own. Any
purchaser of Lumina Copper common shares after the effective time
of the arrangement will not participate in the arrangement and will
not receive a Lumina Royalty common share.
Further details of the arrangement are available in Lumina
Copper's management information circular which was mailed to
shareholders on May 10, 2011 and which is available on SEDAR.
LUMINA COPPER CORP.
David Strang, President & CEO
CAUTION REGARDING FORWARD-LOOKING STATEMENTS: This news release
contains "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities legislation. Forward-looking
statements include, but are not limited to, statements with respect
to the completion of a reorganization of the Company and the
transfer of certain of the Company's passive assets to a company to
be incorporated, the future price of gold, silver, copper and
molybdenum, and the Company's commitment to, and plans for
developing any of its projects. Generally, these forward-looking
statements can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain
actions, events or results "may", "can", "could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to: the risks
of the Company not obtaining the required approvals to proceed with
the proposed reorganization, tax consequences of the proposed
reorganization, risks related to the exploration and potential
development of the Company's projects, risks related to
international operations, the actual results of current exploration
activities, conclusions of economic evaluations, changes in project
parameters as plans continue to be refined, future prices of gold,
silver, copper and molybdenum, as well as those factors discussed
in the sections relating to risk factors of our business filed in
the Company's required securities filings on SEDAR. Although the
Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results to be materially different from those anticipated,
described, estimated, assessed or intended.
There can be no assurance that any forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company does not undertake to
update any forward-looking statements that are incorporated by
reference herein, except in accordance with applicable securities
laws.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Lumina Copper Corp. David Strang President & CEO +
604 646 1880 + 604 687 7041 (FAX) dstrang@luminacopper.com
www.luminacopper.com
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