Jan 28 (Reuters) - Lupaka Gold Corp LPK.V :
* LUPAKA PROVIDES UPDATE ON ILLEGAL DEMONSTRATION AT INVICTA, ANNOUNCES NON-BROKERED PRIVATE PLACEMENT, AND MANAGEMENT CHANGES
* LUPAKA GOLD CORP - HAS BEEN UNABLE TO ACCESS OR INSPECT INVICTA DEVELOPMENT SITE
* LUPAKA GOLD - ACCORDING TO TERMS OF PLI FINANCING AGREEMENT AND BRIDGE LOAN 2 AGREEMENT, FACILITIES ARE TECHNICALLY IN DEFAULT AS OF JANUARY 2019
* LUPAKA GOLD - DEMONSTRATIONS HAVE CAUSED CO TO DELAY SCHEDULED PAYMENTS ON PLI FINANCING FACILITY OUTSTANDING BRIDGE LOANS AND TO CERTAIN VENDORS
* LUPAKA GOLD CORP - HAS DOWNSIZED WORKFORCE IN PERU AS RESULT OF ILLEGAL BLOCKADE BY COMMUNITY MEMBERS FROM NEARBY COMMUNITY OF PARAN
* LUPAKA GOLD, ON INVICTA DEMONSTRATION, SAYS NON-ESSENTIAL EMPLOYEES HAVE BEEN PLACED ON LEAVE WITHOUT PAY, DUE TO FORCE MAJEURE OR HAVE BEEN LAID-OFF
* LUPAKA GOLD CORP - WORKING WITH ITS LENDERS AND VENDORS ON IMPLEMENTING RESTRUCTURED PAYMENT PLANS AND SECURING NECESSARY WAIVERS