SOURCE: Luna Gold Corp.

Luna Gold Corp.

June 29, 2015 08:45 ET

Luna Gold Announces the Departure of Duane Lo as Executive Vice President and CFO and the Appointment of Brad Blacketor to the Position of CFO

VANCOUVER, BC--(Marketwired - June 29, 2015) - Luna Gold Corp. (TSX: LGC) (LMA: LGC) (OTCQX: LGCUF) ("Luna" or the "Company") announces the departure of Duane Lo from the positions of Executive Vice President and CFO of Luna Gold effective June 30, 2015. Concurrently, the Company is pleased to announce the appointment of Mr. Brad Blacketor as Chief Financial Officer effective July 7, 2015. Mr. Lo will remain affiliated with the Company for a period of time to assist in this transition.

Mr. Blacketor brings more than 20 years of financial experience in the mining industry to the Company. He has extensive senior management skills including 11 years as CFO of Metallica Resources Inc. prior to their merger into New Gold Inc. His past associations have been as CFO at Gold Resource Corporation, Bear Creek Mining Corporation, Metallica Resources Inc., and MinCorp Ltd. Most recently Mr. Blacketor was CFO at Midway Gold Corp.

Marc Leduc, President and CEO stated, "I'm very pleased to have Brad join the Luna Gold team at the CFO position. I worked with Brad during my time at Bear Creek Mining and I know what a valuable asset Brad will be to Luna with his dedicated work ethic and his strong financial skills. I also want to thank Duane Lo for his significant contributions to the Company over the past 6 years. He has been an important leader and integral part of restructuring the Company during this difficult transition as we move to a new phase for the Company."

About Luna Gold Corp.
Luna is a gold production and exploration company engaged in the operation, discovery, and development of gold projects in Brazil.

On behalf of the Company

LUNA GOLD CORP.
Marc Leduc P.Eng.- President, Chief Executive Officer and Director

Forward-Looking Statements
This release contains certain "forward looking statements" and certain "forward looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward-looking statements include, but are not limited to, statements with respect to future gold production and/or the results of analysis on gold production. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. 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. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other exploration data, the potential for delays in exploration or development activities, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties with or interruptions in production and operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including environmental regulatory restrictions and liability, competition, loss of key employees, and other related risks and uncertainties. The Company undertakes no obligation to update forward-looking information except as required by applicable law. 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. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

Contact Information

  • For further information contact
    Luna Gold Corp.
    Investor Relations
    +1 (604) 568-7993
    Website: www.lunagold.com