Evaluating project and funding opportunities to build shareholder value

At the Company’s AGM on 12 June 2015 Shareholder approval will be sought for, among other things, Mr Stuart Murray being appointed as  Managing Director and Deputy Chairman of Luiri Gold Limited, and for the issuing of 127.5m shares @ $0.002/share to repay $75,000 in loans made to the Company and to raise $180,000 for working capital.

Mr Murray will initially work at no charge on a part-time basis to identify and/or evaluate prospective new projects for the Company.  When appropriate Mr Murray will take on an expanded role, on terms and conditions to be agreed, depending on the size and nature of the project to be acquired.

Mr Murray’s appointment and the raising of working capital will give the Company the resources it needs to progress on several potential projects it has been investigating.