BRIEF-Luna Gold raises C$6.5 mln from exercise of share purchase warrants

Wed Sep 14, 2016 10:50am EDT
 
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Sept 14 (Reuters) - Luna Gold Corp :

* Luna Gold raises C$6.5 million from exercise of share purchase warrants

* Raised CDN $6.5 million in part from exercise by Pacific Road Resources Fund of 50 million Class B share purchase warrants, strike price of $0.10

* Has raised CDN $6.5 million from exercise by Pacific Road Resources Fund of 50 million Class B share purchase warrants

* Has raised CDN $6.5 million from exercise by Sandstorm Gold Ltd of 12 million Class A share purchase warrants

* Also raised CDN $6.5 million in part from exercise by Sandstorm Gold of 12 million Class A share purchase warrants, strike price of CDN $0.125

* Following its exercise of 12,000,000 warrants, Sandstorm will own 64 million Luna shares representing 16.5% of issued,outstanding Luna shares Source text for Eikon: Further company coverage: