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Newcrest Mining buying at Lundin Gold (T:LUG)

Updated Tuesday Mar 05, 2019 01:58 AM EDT

Newcrest Mining Limited, a 10% Holder, acquired 2,336,132 Common Shares on an indirect ownership basis for registered holder Newcrest Canada Inc. at a price of $5.400 through a prospectus or prospectus exempt offering on March 1st, 2019. This represents a $12,615,113 investment into the company's shares and an account share holdings change of 4.0%.

Lundin Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Lundin Gold Inc (Lundin Gold), formerly Fortress Minerals Corp, is a Canada-based gold mining company. The Company owns the Fruta del Norte Project located in southeast Ecuador, which is an undeveloped gold project. The Company's Fruta del Norte Project is located in the Cordillera del Condor region of Zamora, Chinchipe province, southeastern Ecuador. The Fruta del Norte Project consists of approximately 30 mining concessions, which cover an area of approximately 75,000 hectares located in southeastern Ecuador, in the Province of Zamora and in Morona Santiago province. The Fruta del Norte Project is consist of over three concessions and covers an area of approximately 4,660 hectares located in the Province of Zamora Chinchipe. The Company's subsidiaries include Aurelian Resources Inc, Aurelian Resources Corporation Ltd, Aurelian Ecuador S.A. and Ecoaurelian Agricola S.A. The Company's Aurelian Ecuador S.A. holds the concessions underlying the Fruta del Norte Project.

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Go to Lundin Gold Inc. (LUG)'s company page

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