VANCOUVER, April 16 /CNW/ - Luna Gold Corp. (TSXV-LGC, OTCBB-LGCU)
("Luna" or the "Company") announces that it has engaged UP Communications Ltd.
("UPC") to provide investor relations services to the Company. Luna and UPC
have signed a 12 month consulting agreement which requires Luna to pay UPC
Cdn.$6,000/month and grant 200,000 options, which will be exercisable at a
price of Cdn. $0.59 per share and will vest on a basis of 25% per quarter.
UPC is a British Columbia company, based in Vancouver and founded by
Chris DeGroot, that provides investor relations services to TSX and TSX
Venture listed companies. UPC and the Company are at arm's length from one
About Luna Gold Corp
Luna is a mining exploration company with a focus on gold development in
Brazil and gold exploration in Nevada.
On behalf of the Board of Directors
LUNA GOLD CORP.
Tim Searcy, P. Geo. - President and CEO
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press release.
This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The securities
have not been and will not be registered under the United States Securities
Act of 1933, as amended or any state securities laws and may not be offered or
sold within the United States or to U.S. persons unless registered under the
United States Securities Act of 1933 and applicable state securities laws or
an exemption from such registration is available.
Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific factors
identified in Luna Gold Corp.'s periodic filings with Canadian Securities
Regulators. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking
statement can be guaranteed and actual future results may vary materially.
Luna Gold does not assume the obligation to update any forward-looking
For further information:
For further information: Investor Relations at (604) 689-7317 or toll
free at 1-866-689-7317.