|Bid||0.6400 x 0|
|Ask||0.6600 x 0|
|Day's Range||0.6300 - 0.6400|
|52 Week Range||0.5700 - 1.0500|
|Beta (5Y Monthly)||0.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 18, 2021 - Aug. 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to provide an update on progress at the Condor and Cascas projects, both located in southern Ecuador.
Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to announce the discovery and planned drilling of the Company's Nayumbi target at its Condor project. The target is an epithermal gold-silver anomaly located in the southern part of the Condor project claim block (Figure 1). Recent rock chip samples from historic mine workings at Nayumbi returned high gold and silver grades, up to 80.5 g/t gold and 14.4 g/t silver. Widespread hydrothermal brecciation, epithermal veining and alteration was identified by Luminex geologists.
Luminex Resources Corp. (TSXV: LR) (the "Company" or "Luminex") is pleased to announce the closing of its previously announced private placement financings (refer to the Company's press releases dated April 21, 2021 and April 23, 2021) to raise an aggregate of approximately C$12.5 million (the "Offering"). A total of 10,152,000 common shares ("Shares") were sold at a price of C$0.72 per Share (the "Offering Price") under the brokered portion of the Offering, and an additional 7,210,000 Shares were sold at the Offering Price under the non-brokered portion of the Offering. The brokered portion of the Offering was completed through a syndicate of agents (the "Agents") led by Haywood Securities Inc., and including PI Financial Corp., and Red Cloud Securities Inc.