Mr. David Strang reports

LUMINA COPPER CORP. ANNOUNCES C$30 MILLION FINANCING

Lumina Copper Corp. has entered into an agreement with Raymond James Ltd. pursuant to which Raymond James Ltd. and a syndicate of underwriters, including Scotia Capital Inc., Canaccord Genuity Corp. and Laurentian Bank Securities Inc. have agreed to buy on an underwritten private placement basis 1.5 million common shares from the company at a price of $10 per common share.

The company also intends to issue, via a non-brokered private placement on the same terms as the brokered placement, up to 1.5 million common shares. It is currently contemplated that Lumina Capital LP will purchase up to one million common shares as part of the non-brokered placement, and that insiders intend to participate for a portion of the non-brokered placement. Finders' fees may be payable on a portion of the non-brokered placement.

Closing of the two placements is expected to occur on or about Dec. 8, 2011, and is subject to regulatory approvals. The closing of the two placements is not conditional on each other, and may occur separately.

The net proceeds from the placements will be used to finance advancement of the company's Taca Taca project and for general corporate purposes.

We seek Safe Harbor.