# JDL Gold to acquire Luna Gold, forming Trek Mining

JDL Gold Corp. will acquire all outstanding shares of Luna Gold Corp. under an arrangement agreement, with the combined company to be renamed Trek Mining Inc., holding approximately US$50 million in cash and no cash debt.

- Type: Acquisition
- Announced: 2017-02-01
- Status: announced
- Products: gold
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JDL Gold Corp.](https://endata.com/companies/21907.md) (acquirer)
- [Luna Gold Corp.](https://endata.com/companies/21908.md) (target)
- [Trek Mining Inc.](https://endata.com/companies/21909.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/sandstorm-gold-announces-merger-of-luna-gold--jdl-gold-612481403.html), 2017-02-01: "Sandstorm Gold Ltd. is pleased to announce that Luna Gold Corp. and JDL Gold Corp. have entered into an arrangement agreement to combine their businesses, creating a multi-asset mining company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.