Vancouver, British Columbia–(Newsfile Corp. – April 24, 2026) – Lumina Metals Corp. (“Lumina Metals” or the “Company“) is pleased to announce that it has obtained a receipt for its final long form prospectus dated April 23, 2026 (the “Prospectus“) from the British Columbia Securities Commission (“BCSC“) in connection with its previously announced 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 approximately $312,470,000 and a secondary offering of Common Shares held by a selling securityholder of the Company for total gross proceeds of approximately $93,742,500, each at a price of $12.50 per share, for total gross proceeds of up to $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 is managed by a syndicate of underwriters, including BMO Capital Markets, National Bank Financial Inc., Morgan Stanley Canada Limited, RBC Capital Markets and CIBC World Markets Inc., 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 have been conditionally approved for listing (the “Listing“) on the Toronto Stock Exchange (the “TSX“). The Listing will be subject to the Company fulfilling all of the listing requirements of the TSX.
Access to the Prospectus and any amendment thereto is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment. Delivery of the Prospectus and any amendment will be satisfied in accordance with the “access equals delivery” provisions of applicable securities legislation. The Prospectus is accessible on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile.
An electronic or paper copy of the Prospectus and any amendment may be obtained, without charge, from the BMO Nesbitt Burns Inc. (“BMO Capital Markets“), Brampton Distribution Centre C/O The Data Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S 6H2, by telephone at 905-791-3151 Ext 4312, or by email at torbramwarehouse@datagroup.ca, by providing BMO Capital Markets with an email address or address, as applicable, or from National Bank Financial Inc. (“National Bank“), 130 King Street West, 4th Floor Podium, Toronto, Ontario, M5X 1J9, by telephone at 416-869-8414, or by email at NBF-syndication@bnc.ca, by providing National Bank with an email address or address, as applicable, or from Morgan Stanley Canada Limited (“Morgan Stanley“), 181 Bay Street, 37th Floor, Toronto, Ontario, M5J 2T3, by telephone at 416-943-8400, or by email address at ecm_canada@morganstanley.com, by providing Morgan Stanley with an email address or address, as applicable. 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 Common Shares for trading on the WSE once the Polish Financial Supervisory Authority (Komisja Nadzoru Finansowego) approves the Polish language prospectus in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (as amended). The Offering is not conditional on listing on the WSE.
The Common Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom.
No securities regulatory authority has either approved or disapproved the contents of this press release. This press release shall not constitute an offer to sell or the solicitation of an offer to buy Common Shares in the United States, nor shall there be any sale of these Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Unless otherwise indicated, all references to dollar amounts in this news release are to Canadian dollars.
About Lumina Metals
Lumina Metals is a mineral exploration and development company advancing three copper and silver projects in south-western Poland with sediment-hosted Kupferschiefer-type deposits. Lumina’s portfolio includes the Nowa Sól, Sulmierzyce and Mozów projects, which collectively represent one of the most significant copper-silver discoveries in Europe in recent decades. The Company has operated in Poland since 2011 with a dedicated in-country team.
Lumina Metals
Jordan Pandoff,
CEO
For further information please contact: Krzysztof Napierała at ir@luminametals.pl
Cautionary Note Regarding Forward-Looking Information
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to: whether any further amendment to the final prospectus will be filed and receipted by securities regulatory authorities and the timing thereof; the Company fulfilling all of the listing requirements of the TSX; the Offering of the Common Shares and whether such Offering will close and the terms and timing of such Offering; whether the Underwriters will exercise the Over-Allotment Option and the timing thereof; and listing of the Common Shares on the WSE and the timing thereof.
With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions including among other things, assumptions that the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore and develop the Company’s properties; the Company will be able to distribute the Common Shares pursuant to the Offering on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; regulatory approvals in connection with the final prospectus, or any amendment thereto, or the listing of the Common Shares on the WSE, will be obtained; and budgeted costs and expenditures are and will continue to be accurate. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; changes to the taxation regime in Poland; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations, including risks related to mining at depth; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; and other risk factors as detailed from time to time in the Company’s continuous disclosure documents filed with Canadian securities administrators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Not for distribution to U.S. newswire services or dissemination in the United States
