Lupaka Gold Escalates Collection Efforts on US$67.7 Million Peru Arbitration Award

Lupaka Gold ( (TSE:LPK) ) has provided an update.

Lupaka Gold Corp. is advancing efforts to collect a US$67.7 million arbitration award granted in its favor against the Republic of Peru under the Canada–Peru Free Trade Agreement, after Peru failed to communicate a payment timeline and allowed the 120-day annulment period to lapse without challenge. The company is now pursuing legal actions to attach or seize Peruvian assets in multiple jurisdictions and has launched a targeted media campaign in Peru’s mining, business and government circles to highlight the unpaid award, while drawing confidence from Peru’s recent payment of another ICSID award to Kuntur Wasi S.A., which suggests the state has both the means and precedent to honor its obligations—developments that could materially affect Lupaka’s financial position and underscore broader implications for Peru’s investment reputation in the mining sector.

More about Lupaka Gold

Lupaka Gold Corp. is a Canadian-based mining company focused on creating shareholder value through the identification and development of mining assets, with a particular emphasis on gold projects and related opportunities in jurisdictions covered by international investment and trade agreements.

Average Trading Volume: 27,738

Technical Sentiment Signal: Buy

Current Market Cap: C$6.4M

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