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Lunex Metals Makes First-Year Option Payment for Luna Roja Project in Argentina

PUBT·10/20/2026 16:36:07
Lunex Metals Makes First-Year Option Payment for Luna Roja Project in Argentina
  • Lunex Metals completed its CAD 400,000 first-anniversary option payment to Magna Terra Minerals for the Luna Roja project in Santa Cruz, Argentina.
  • The payment comprised CAD 125,000 cash and 1,018,519 common shares valued at CAD 275,000.
  • The shares were issued October 6, 2026, subject to a four-month hold.
  • The option agreement provides for a 100% project interest for total consideration of CAD 2.38 million over four anniversaries.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lunex Metals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610200700NEWSFILECNPR____20261020_319719_1) on October 20, 2026, and is solely responsible for the information contained therein.