Business
Lumina Metals Announces Closing of Upsized Initial Public Offering
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Lumina Metals Corp. (TSX: LMCU) ("Lumina Metals" or the "Company") is pleased to announce the
About this update from Lumina Metals Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Lumina Metals Corp. (TSX: LMCU) (\"Lumina Metals\" or the \"Company\") is pleased to announce the successful closing of its oversubscribed, upsized initial public offering and secondary offering of common shares (\"Common Shares\") of the Company (the \"Offering\"). The Offering includes a treasury offering by the Company for total gross proceeds of $312,470,000 and a secondary offering of Common Shares held by a selling securityholder of the Company for total gross proceeds of $93,742,500, each at a price of $12.50 per share, for total gross proceeds of $406,212,500. The Company has also granted to the Underwriters (as defined below) an over-allotment option (the \"Over-Allotment Option\") to purchase up to an additional 4,874,550 Common Shares from treasury at a price of $12.50 per Common Share for additional gross proceeds of $60,931,875, if the Over-Allotment Option is exercised in full. The Over-Allotment Option is exercisable, in whole or in part, at any time for a period of 30 days from the closing date of the Offering. If the Over-Allotment Option is exercised in full, the gross proceeds of the Offering will be up to $467,144,375. The Offering was managed by a syndicate of underwriters, including BMO Capital Markets, National Bank Financial Inc., Morgan Stanley Canada Limited, RBC Capital Markets and CIBC Capital Markets, as co-lead underwriters and joint bookrunners, and Trigon Dom Maklerski S.A., Canaccord Genuity Corp., Haywood Securities Inc., SCP Resource Finance LP and Stifel Canada (collectively, the \"Underwriters\"). The Common Shares are listed on the Toronto Stock Exchange under the symbol \"LMCU\". The Offering was completed pursuant to a final long form prospectus dated April 23, 2026 (the \"Prospectus\"), filed in each of the provinces and territories of Canada. The Prospectus is accessible on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile. The Prospectus contains important, detailed information about the Company and the Offering. Prospective investors should read the Prospectus before making an investment decision. The Company intends to apply to the Warsaw Stock Exchange (the \"WSE\") for the Common Shares to be admitted and introduced to the WSE. The Company will be authorized to apply for the admission and introduction of the...