Lumina Gold Corp to Be Acquired by CMOC Group for CAD 581 Million

Published: Apr 22, 2025 07:45

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On April 21 local time, Lumina Gold Corp, a publicly listed firm on the TSX Venture Exchange (TSX-V) headquartered in Vancouver, Canada, announced that it had entered into an arrangement agreement (hereinafter referred to as the "Arrangement Agreement") with CMOC Singapore Pte. Ltd., a Singapore subsidiary of CMOC Group Limited (collectively referred to as "CMOC"). CMOC will acquire all issued and outstanding common shares of Lumina at a cash price of CAD 1.27 per share, with a total consideration of CAD 581 million (approximately USD 421 million, CNY 3.043 billion).

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