19:57:39 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Lupaka Gold Corp
Symbol LPK
Shares Issued 122,009,860
Close 2018-10-24 C$ 0.175
Market Cap C$ 21,351,726
Recent Sedar Documents

ORIGINAL: Lupaka Gold suffers blockade at Invicta project

2018-10-25 17:17 ET - News Release

Subject: Invicta Project Impacted by Illegal Demonstration

PLAIN TEXT:

<html><head><title>Invicta Project Impacted by Illegal Demonstration</title></head><body><div style="font-family:Georg
--->ia,Helvetica;font-size:15px;font-weight:400;text-align:center;margin-top:10px;margin-bottom:10px;"><a href="https://ww
--->w.newsfilecorp.com/release/40632/">View this story in your browser</a></div><div style="margin-bottom:15px;"><table wi
--->dth="100%" border="0" cellspacing="0" cellpadding="0" style="font-family:Arial,Helvetica;font-size:13px;font-weight:40
--->0;">  <tr><td width="180" valign="top"><a href="https://www.newsfilecorp.com/company/2640/"><img src="https://www.news
--->filecorp.com/images/newswire/customer-logos/2640.png" style="max-width: 180px; height: auto;" border="0" alt="Lupaka G
--->old Corp. " /></a></td><td width="25">&nbsp;</td><td><h2 style="font-family:Arial,Helvetica;font-weight:bold;font-size
--->:30px;color:#0C2081;">Invicta Project Impacted by Illegal Demonstration</h2></td>  </tr></table></div><hr noshade styl
--->e="color:#0C2081;background-color:#0C2081;height:5px;" /><div style="font-family:Georgia,Helvetica;font-size:15px;font
--->-weight:400;"><h3 style="font-family:Arial,Helvetica;font-weight:400;font-size:22px;color:#0C2081;"></h3><p>Vancouver,
---> British Columbia--(Newsfile Corp. - October 25, 2018) - Lupaka Gold Corp. (TSXV: LPK) (FSE: LQP) ("<b>Lupaka Gold</b>
--->" or the "<b>Company</b>") reports that operations at the Invicta Gold Development Project (<b>"Invicta"</b>) have bee
--->n impacted by an illegal demonstration by a group of community members from the nearby community of Paran. The demonst
--->rators have blockaded the access road directly outside of the main gate at Invicta, restricting access to site. All mi
--->ne employees have been safely relocated pending the outcome of this situation.</p><p>The Company has complied with its
---> contractual obligations and has a productive and positive relationship with the communities of Lacsanga and Santo Dom
--->ingo, which are directly impacted by Invicta, and for which community agreements are in place. The Company does not ha
--->ve a community agreement with the Paran community, as Invicta and the main access road are not on Paran lands. The dem
--->onstration is taking place on the legally registered lands of the Lacsanga community and has restricted its ability to
---> provide support services to Invicta.</p><p>On October 24, 2018 Invicta representatives held a meeting with representa
--->tives of the demonstrators and the Peruvian Ministry of Energy and Mines. The demonstrators agreed that in exchange fo
--->r the holding of the meeting, they would abandon the blockade. Unfortunately, the demonstrators have failed to honour 
--->this agreement. The Company continues to engage with the authorities, including the federal and regional police, the P
--->eruvian Ministry of Energy and Mines, and with the demonstrators to enforce its rights to regain use of the access roa
--->d. </p><p>As mine development is substantially complete, and sufficient material has been broken and prepared for tran
--->sportation, mining and development activities have not been significantly impacted. The transportation of material for
---> toll processing has been suspended until the blockade has concluded. The Company currently has approximately 15,000 t
--->onnes of broken mineralized material at Invicta awaiting transportation for processing, and approximately 3,000 tonnes
---> of mineralized material at two toll milling facilities awaiting processing. Technical work at Invicta continues from 
--->a fully-equipped remote office located approximately one kilometre from site, within the Lacsanga community.</p><p><i>
--->"We have taken steps to build positive relationships with Invicta's local communities and will continue to prioritize 
--->and be respectful of the communities in which we operate. Although we are disappointed with the illegal action of this
---> small group of protesters, we continue to engage with them as well as the authorities to reach a quick and amicable c
--->onclusion. We will continue to provide updates on the impact of this illegal blockade."</i></p><p><i>Will Ansley, Pres
--->ident and CEO of Lupaka</i></p><p><i><b>Neither the TSX Venture Exchange nor its Regulation Service Provider (as the t
--->erm is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news relea
--->se.</b></i></p><p><b>About Lupaka Gold</b></p><p>Lupaka is an active Canadian-based company focused on creating shareh
--->older value through discoveries and strategic development of its assets in some of the most prolific mining regions of
---> Peru.</p><p><a name="_DV_M35"></a><b>FOR FURTHER INFORMATION PLEASE CONTACT:</b></p><p>Will Ansley, President &#38; C
--->.E.O.<br /><a href="mailto:wansley@lupakagold.com">wansley@lupakagold.com</a><br />Tel: (416) 862-5257</p><p>or visit 
--->the Company's profile at <a href="http://www.sedar.com">www.sedar.com</a> or its website at <a href="http://www.lupaka
--->gold.com">www.lupakagold.com</a> </p><p><i><b>Cautionary Statements Regarding Forward Looking Information</b></i></p><
--->p><i>This press release contains forward-looking statements which constitute "forward-looking information" within the 
--->meaning of applicable securities laws, including all statements, trend analysis and other information relative to anti
--->cipated future events or results. All statements, other than statements of historical fact, included herein are consid
--->ered forward-looking statements, including, without limitation, statements relating to: discussions with the protester
--->s and the Peruvian Ministry of Energy and Mines; discussions with the protesters and the lifting of the blockade; the 
--->size and timing of the processing of material from Invicta; the relationship with partner communities.</i></p><p><i>Fo
--->rward-looking statements are based on assumptions, estimates and opinions of management at the date the statements are
---> made and which the Company believes are reasonable. Such information involves risks and uncertainties, and undue reli
--->ance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects
---> on future results, performance or achievements of the Company. Among the key factors that could cause actual results 
--->to differ materially from those projected in the forward-looking information are the following: that discussions with 
--->the protesters are not productive; that toll mills do not achieve planned production;</i> <i>This forward-looking info
--->rmation may be affected by risks and uncertainties in the regular course of business and due to market conditions. Add
--->itional risks are described in the Company's annual information form, which is available on SEDAR at <a href="http://w
--->ww.sedar.com">www.sedar.com</a>. </i></p><p><i>Although the Company has attempted to identify important factors that c
--->ould cause actual actions, events or results to differ materially from those described in forward-looking information,
---> there may be other factors that cause actions, events or results to not be as anticipated, estimated or intended. The
--->re can be no assurance that forward-looking information will prove to be accurate, as actual results and future events
---> could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance 
--->on forward-looking information due to the inherent uncertainty thereof. Lupaka Gold does not undertake any obligation 
--->to update forward-looking statements except as required by applicable securities laws. Investors should not place undu
--->e reliance on forward-looking statements.</i></p></div><div style="font-family:Georgia,Helvetica;font-size:13px;font-w
--->eight:400;background:#EEEEEE"><p>&nbsp;</p><p align="center"><a href="https://www.newsfilecorp.com/company/2640/">View
---> more news from <i>Lupaka Gold Corp. </i></a></p><p align="center">You are receiving this email because you have previ
--->ously indicated your interest in receiving news for <i>Lupaka Gold Corp. </i></p><p align="center">If you no longer wa
--->nt to receive messages from us, you can <a href='http://orders.newsfilecorp.com/unsubscribe.aspx?id=news@stockwatch.co
--->m&token=ab3b8818eda7506765bd0f2c6deece87&cid=2640'>click here to unsubscribe</a>.</p><p align="center"><a href="https:
--->//www.newsfilecorp.com/AntiSpamPolicy.php">Anti-Spam Policy</a> | <a href="https://www.newsfilecorp.com/PrivacyPolicy.
--->php">Privacy Policy</a></p><p align="center"><b>Vancouver</b><br>380 - 1100 Melville Street<br>Vancouver, BC<br>V6E 4A
--->6</p><p align="center"><b>Calgary</b><br>2500 - 500 4th Ave SW<br>Calgary, AB<br>T2P 2V6</p><p align="center"><b>Toron
--->to</b><br>601 - 15 Toronto Street<br>Toronto, ON<br>M5C 2E3</p><p align="center"><a href="https://www.newsfilecorp.com
--->/"><img src="https://www.newsfilecorp.com/img/grey-footer-logo.png" alt="Newsfile" width="198" height="54" border="0">
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<meta http-equiv="Content-Type" content="text/html; charset=utf-8"><title>Invicta Project Impacted by Illegal Demonstr
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--->width: 180px; height: auto;" border="0" alt="Lupaka Gold Corp. "></a></td><td width="25">&nbsp;</td><td><h2 style="fon
--->t-family:Arial,Helvetica;font-weight:bold;font-size:30px;color:#0C2081;">Invicta Project Impacted by Illegal Demonstra
--->tion</h2></td>  </tr></table></div><hr noshade="" style="color:#0C2081;background-color:#0C2081;height:5px;"><div styl
--->e="font-family:Georgia,Helvetica;font-size:15px;font-weight:400;"><h3 style="font-family:Arial,Helvetica;font-weight:4
--->00;font-size:22px;color:#0C2081;"></h3><p>Vancouver, British Columbia--(Newsfile Corp. - October 25, 2018) - Lupaka Go
--->ld Corp. (TSXV: LPK) (FSE: LQP) ("<b>Lupaka Gold</b>" or the "<b>Company</b>") reports that operat
--->ions at the Invicta Gold Development Project (<b>"Invicta"</b>) have been impacted by an illegal demonstrati
--->on by a group of community members from the nearby community of Paran. The demonstrators have blockaded the access roa
--->d directly outside of the main gate at Invicta, restricting access to site. All mine employees have been safely reloca
--->ted pending the outcome of this situation.</p><p>The Company has complied with its contractual obligations and has a p
--->roductive and positive relationship with the communities of Lacsanga and Santo Domingo, which are directly impacted by
---> Invicta, and for which community agreements are in place. The Company does not have a community agreement with the Pa
--->ran community, as Invicta and the main access road are not on Paran lands. The demonstration is taking place on the le
--->gally registered lands of the Lacsanga community and has restricted its ability to provide support services to Invicta
--->.</p><p>On October 24, 2018 Invicta representatives held a meeting with representatives of the demonstrators and the P
--->eruvian Ministry of Energy and Mines. The demonstrators agreed that in exchange for the holding of the meeting, they w
--->ould abandon the blockade. Unfortunately, the demonstrators have failed to honour this agreement. The Company continue
--->s to engage with the authorities, including the federal and regional police, the Peruvian Ministry of Energy and Mines
--->, and with the demonstrators to enforce its rights to regain use of the access road. </p><p>As mine development is sub
--->stantially complete, and sufficient material has been broken and prepared for transportation, mining and development a
--->ctivities have not been significantly impacted. The transportation of material for toll processing has been suspended 
--->until the blockade has concluded. The Company currently has approximately 15,000 tonnes of broken mineralized material
---> at Invicta awaiting transportation for processing, and approximately 3,000 tonnes of mineralized material at two toll
---> milling facilities awaiting processing. Technical work at Invicta continues from a fully-equipped remote office locat
--->ed approximately one kilometre from site, within the Lacsanga community.</p><p><i>"We have taken steps to build p
--->ositive relationships with Invicta's local communities and will continue to prioritize and be respectful of the commun
--->ities in which we operate. Although we are disappointed with the illegal action of this small group of protesters, we 
--->continue to engage with them as well as the authorities to reach a quick and amicable conclusion. We will continue to 
--->provide updates on the impact of this illegal blockade."</i></p><p><i>Will Ansley, President and CEO of Lupaka</i
--->></p><p><i><b>Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the poli
--->cies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.</b></i></p><p><b>About
---> Lupaka Gold</b></p><p>Lupaka is an active Canadian-based company focused on creating shareholder value through discov
--->eries and strategic development of its assets in some of the most prolific mining regions of Peru.</p><p><a name="_DV_
--->M35"></a><b>FOR FURTHER INFORMATION PLEASE CONTACT:</b></p><p>Will Ansley, President &amp; C.E.O.<br><a href="mailto:w
--->ansley@lupakagold.com">wansley@lupakagold.com</a><br>Tel: (416) 862-5257</p><p>or visit the Company's profile at <a hr
--->ef="https://mandrillapp.com/track/click/30568383/www.sedar.com?p=eyJzIjoiMXo0a3RIMTZ1bDJfRnhJMVh4OFo1eDhYcEtFIiwidiI6M
--->SwicCI6IntcInVcIjozMDU2ODM4MyxcInZcIjoxLFwidXJsXCI6XCJodHRwOlxcXC9cXFwvd3d3LnNlZGFyLmNvbVwiLFwiaWRcIjpcImVkNGM4MDkyZGJ
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--->ww.sedar.com</a> or its website at <a href="https://mandrillapp.com/track/click/30568383/www.lupakagold.com?p=eyJzIjoi
--->QnFwM25uS1BGc2xaUVE3UTVhc3FZcnUyUFN3IiwidiI6MSwicCI6IntcInVcIjozMDU2ODM4MyxcInZcIjoxLFwidXJsXCI6XCJodHRwOlxcXC9cXFwvd3
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--->YjUyMjRiYmZmOGU1ZWU4MWY0N2M3MTM5YTAyYzlhXCJdfSJ9">www.lupakagold.com</a> </p><p><i><b>Cautionary Statements Regarding 
--->Forward Looking Information</b></i></p><p><i>This press release contains forward-looking statements which constitute &
--->quot;forward-looking information" within the meaning of applicable securities laws, including all statements, tre
--->nd analysis and other information relative to anticipated future events or results. All statements, other than stateme
--->nts of historical fact, included herein are considered forward-looking statements, including, without limitation, stat
--->ements relating to: discussions with the protesters and the Peruvian Ministry of Energy and Mines; discussions with th
--->e protesters and the lifting of the blockade; the size and timing of the processing of material from Invicta; the rela
--->tionship with partner communities.</i></p><p><i>Forward-looking statements are based on assumptions, estimates and opi
--->nions of management at the date the statements are made and which the Company believes are reasonable. Such informatio
--->n involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredi
--->ctable factors could have material adverse effects on future results, performance or achievements of the Company. Amon
--->g the key factors that could cause actual results to differ materially from those projected in the forward-looking inf
--->ormation are the following: that discussions with the protesters are not productive; that toll mills do not achieve pl
--->anned production;</i> <i>This forward-looking information may be affected by risks and uncertainties in the regular co
--->urse of business and due to market conditions. Additional risks are described in the Company's annual information form
--->, which is available on SEDAR at <a href="https://mandrillapp.com/track/click/30568383/www.sedar.com?p=eyJzIjoiMXo0a3R
--->IMTZ1bDJfRnhJMVh4OFo1eDhYcEtFIiwidiI6MSwicCI6IntcInVcIjozMDU2ODM4MyxcInZcIjoxLFwidXJsXCI6XCJodHRwOlxcXC9cXFwvd3d3LnNlZ
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--->hZWFhN2YwOGE5MWMzZjM3Y2I0YVwiXX0ifQ">www.sedar.com</a>. </i></p><p><i>Although the Company has attempted to identify i
--->mportant factors that could cause actual actions, events or results to differ materially from those described in forwa
--->rd-looking information, there may be other factors that cause actions, events or results to not be as anticipated, est
--->imated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual re
--->sults and future events could differ materially from those anticipated in such statements. Readers are cautioned not t
--->o place undue reliance on forward-looking information due to the inherent uncertainty thereof. Lupaka Gold does not un
--->dertake any obligation to update forward-looking statements except as required by applicable securities laws. Investor
--->s should not place undue reliance on forward-looking statements.</i></p></div><div style="font-family:Georgia,Helvetic
--->a;font-size:13px;font-weight:400;background:#EEEEEE"><p>&nbsp;</p><p align="center"><a href="https://mandrillapp.com/t
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