Lumina Capital Limited Partnership

May 08, 2009 17:00 ET

Lumina Capital Limited Partnership: News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 8, 2009) - Lumina Capital Limited Partnership ("Lumina"), of 410 - 625 Howe Street, Vancouver, British Columbia, V6C 2T6, announces pursuant to National Instrument 62-103 that on April 30, 2009 it acquired ownership and control of 4,300,000 units of Ventana Gold Corp. ("Ventana") in a non-brokered private placement for aggregate consideration of CDN$6,020,000 or CDN$1.40 per unit. Each unit is comprised of one common share of Ventana and one non-transferable share purchase warrant entitling the holder to purchase one common share of Ventana at a price of CDN$2.00 per common share until April 30, 2011. The common shares purchased by Lumina on April 30, 2009 and the common shares issuable upon exercise of the warrants comprised in the Units purchased by Lumina on April 30, 2009 represents in aggregate approximately 10.7% of the 79,940,131 issued and outstanding common shares of Ventana.

As a result of this April 30, 2009 acquisition of Units, Lumina now exercises ownership and control over a total of 6,855,000 common shares of Ventana and warrants exercisable to purchase 5,355,000 common shares of Ventana, which in aggregate represent approximately 15.2% of the 79,940,131 issued and outstanding common shares of Ventana.

Lumina's acquisition was made for investment purposes. Lumina may, in the future, acquire ownership and control over additional securities of Ventana for investment purposes.

Lumina is not currently a party to any agreement in respect of the acquisition, holding, disposition or voting of any securities of Ventana.

Lumina does not own or control any securities of Ventana with, nor is Lumina a joint actor with, another entity.

For more information, or to obtain a copy of the subject early warning report, please contact Robert Pirooz at the number below.

Contact Information

  • Lumina Capital Limited Partnership
    Robert Pirooz
    (604) 684-1175
    (604) 684-0147 (FAX)