JDL Gold Corp.

Luna Gold Corp. and JDL Gold Corp. shareholders approved a merger to form Trek Mining Inc. Luna Gold shareholders will receive 1.105 JDL shares per share, and each JDL share will convert to one Trek share. Closing is expected on March 31, 2017, subject to regulatory approvals.

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.