March 29, 2017 – Vancouver, BC – Luna Gold Corp. (TSX: LGC) (“Luna Gold”) and JDL Gold Corp. (TSX-V: JDL) (“JDL”) are pleased to announce that Luna Gold has been granted a final order by the Supreme Court of British Columbia approving the previously announced plan of arrangement involving Luna Gold and JDL (the “Arrangement”) whereby the two businesses will be combined to create a multi-asset mining company that will be named Trek Mining Inc. (“Trek”). Substantially all the terms and conditions of the Arrangement have been met and it is expected that the Arrangement will close on March 31, 2017. The Arrangement remains subject to final approval by the TSX Venture Exchange (“TSX-V”).

On closing, Luna Gold shareholders will receive 1.105 JDL common shares for each Luna Gold share held, and each JDL common share will convert to one common share of Trek. Trek is expected to commence trading on the TSX-V at market open on March 31, 2017 under the ticker symbol “TREK”.