Luna Gold Securityholders and JDL Gold Shareholders Approve Merger to Form Trek Mining Inc.

March 24, 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 shareholders approved the plan of arrangement (the “Transaction”) by 99.9% of the votes cast by Luna Gold shareholders at the Luna Gold meeting, and JDL shareholders approved the issuance of common shares pursuant to the Transaction by 99.8% of the votes cast by JDL shareholders at the JDL meeting. All other matters voted on at the respective meetings were passed. The two businesses will be combined to create a multi-asset mining company that will be named Trek Mining Inc. (“Trek”).

Closing of the Transaction is expected to occur on March 31, 2017, subject to final approval by the TSX Venture Exchange (“TSX-V”) and the Supreme Court of British Columbia. On closing of the Transaction, Luna Gold shareholders will receive 1.105 JDL common shares for each Luna Gold share held. In addition, 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”.