30. September 2014
The Company's recent activities and events of note for 2014 (to date) are as follows:
The Company had approximately $2.6 million in cash and cash equivalents as of November 6, 2014;
The Company released the results of metallurgical studies for the Invicta Gold Project mineralization on October 28, 2014 (see the Company's website www.lupakagold.com for complete details);
On August 7, 2014, the Company announced that it had completed a non-brokered private placement of common shares for total gross proceeds of $1,610,000 (see "Outstanding Share Data" below for additional details), and had sold its shareholdings in Southern Legacy Minerals Inc. for net proceeds of approximately $995,000 (see the Company's website www.lupakagold.com for complete details);
The Company provided the results of its recent field surface exploration work at the Crucero Gold Project on July 24, 2014. This work consisted of detailed outcrop mapping and rock chip sampling (see the Company's website www.lupakagold.com for complete details);
On March 17, 2014, September 19, 2014 and July 10, 2014, the Company provided updates regarding the permitting process, licensing and certification applications, contractor proposals, mining consulting firm engagements and assay results for the mineralization at the headwall and footwall, all related to putting the Invicta Gold Project into production at approximately 300 tonnes/day by March 2015 (see the Company's website www.lupakagold.com for complete details);
The Company provided an update on January 20, 2014 of its 2014 development and exploration plans for its gold projects (see the Company's website www.lupakagold.com for complete details);
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