Lumina Copper reorganizes

Vancouver — Lumina Copper (LCC-T) intends to split into four public companies. Shareholders would receive one share of each of the three new entities for each Lumina share held.

The four companies would be as follows:

– Regalito Copper, which would hold the advanced Regalito project in northern Chile;

– Northern Peru Copper, which would hold the Galeno and Pashpap projects in Peru;

– Continental Copper, which will hold the Vizcachitas and Relincho projects in Chile; and

– Lumina Resources, which will hold the San Jorge and Taca Taca copper projects in Argentina, as well as the Redstone, Hushamu and Casino projects in Canada.

The Regalito project was subjected to 32,000 metres of drilling in 2004, resulting in a measured and indicated resource of 628 million tonnes grading 0.43% copper. Metallurgical tests indicate favourable copper leachability.

Lumina has 17.7 million shares outstanding and recently traded in the range of $7.50-8.00.