Lucky Minerals Obtains Conditional Approval from the TSX Venture Exchange on Its Ecuadorian Acquisition
For Immediate Release
Mr. Robert Rosner Reports
NEWS RELEASE
LUCKY MINERALS OBTAINS CONDITIONAL APPROVAL FROM THE TSX VENTURE EXCHANGE ON ITS ECUADORIAN ACQUISITION
Vancouver, B.C. July 10, 2018 – Lucky Minerals Inc. (TSX.V: LJ) (OTCQB: LKMNF) (FRA:8LM) (“Lucky” or the “Company”) is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the “Exchange”) on its contemplated Ecuadorian acquisition as previously announced in press releases dated April 11, 2018 and April 30, 2018 with respect to the acquisition by the Company of 100% of Goldmindex S.A. (“Goldmindex”), a private Ecuadorian company, by way of a share exchange between Lucky and Monterra Resources S.A. (“Monterra”) Lucky will acquire all of the issued and outstanding shares of Goldmindex from Monterra and one individual (collectively the “Vendors”) in exchange for 16,000,000 common shares of the Company to be issued to the Vendors (the “Transaction”). Final approval on the Transaction will be received from the Exchange upon fulfilment by the Company of the Exchange filing requirements.
Lucky is gaining Goldmindex’s 100% interest in a 54,985 hectare (550 km2) contiguous property position comprising 12 individual mineral concessions located 50km south of Cuenca, the capital of AzuayprovinceinEcuador(the“FortunaProperty”). Aspreviouslydescribed,theFortunaProperty is a prospective land package located in the heart of a prolific Ecuadorian mineral belt near a number of significant gold and copper discoveries made during the last 20 years.
About Lucky Minerals:
Lucky Minerals Inc.’s strategy is to acquire and advance property interests located in mineral districts proven to have world class potential, primarily for gold and copper. Lucky’s Emigrant Project is focused on the exploration and development of several targets located in the core of the mineralized and intensely altered Emigrant Mining District, South-central Montana. Lucky Minerals shares trade on the TSX Venture Exchange under the trading symbol LJ and through the OTCQB under the symbol LKMNF.
ON BEHALF OF THE BOARD
“Robert Rosner”
Chief Executive Officer
Contact Information: For more information please contact Robert Rosner at (866) 924-6484 or [email protected].
202-905 W. Broadway Street, Vancouver, BC V5Z 4M3 | T: (866) 924-6484
NEITHER TSX VENTURE EXCHANGE, NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
202-905 W. Broadway Street, Vancouver, BC V5Z 4M3 | T: (866) 924-6484