Luca Mining secures US$75 million Goldgroup equity commitment for bought-deal private placement

• Luca Mining entered a binding commitment for Goldgroup Mining to invest USD 75 million in a bought-deal private placement.
• Investment targets a 19.9% post-transaction ownership stake on a non-diluted pro forma basis, replacing Trafigura’s equity backstop.
• Goldgroup will buy subscription receipts convertible into common shares once escrow conditions are met or at Goldgroup’s election.
• Net proceeds will help fund the cash portion of Luca’s planned acquisition of Capstone Copper’s Cozamin Mine for USD 290 million.
• Goldgroup gains board nomination, participation, and anti-dilution rights while it holds at least 10% of outstanding shares.

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. Luca Mining Corporation published the original content used to generate this news brief via CNW (Ref. ID: 202609280700CANADANWCANADAPR_C4442) on September 28, 2026, and is solely responsible for the information contained therein.