Trek Mining Announces Conversion of Subscription Receipts into Common Shares and Warrants, Commences Trading on the TSX-V as “TREK”

TSX-V: TREK

Suite 730 – 800 West Pender St., Vancouver, BC Canada V6C 2V6

[email protected] +1 604.558.0560 www.trekmining.com

NEWS RELEASE

Trek Mining Announces Conversion of Subscription Receipts into Common Shares and Warrants,

Commences Trading on the TSX-V as “TREK”

March 31, 2017 – Vancouver, BC – Trek Mining Inc. (TSX-V: TREK) (“Trek”), formerly JDL Gold Corp. (TSX-

V: JDL), is pleased to announce that Luna Gold Corp. (TSX: LGC) and JDL Gold Corp. have combined their

businesses to create Trek, following final approval by the TSX Venture Exchange ( “TSX-V”) of the

previously announced plan of arrangement (the “Arrangement”). Trek is now trading on the TSX-V under

the ticker symbol “TREK”.

With the Arrangement closed, 41,709,586 subscription receipts (the “ Subscription Receipts ”) issued

pursuant to Trek’s previously announced brokered and non-brokered private placement financings have

been converted into 41,709,586 common shares (each, a “ Common Share”) and 41,709,586 common

share purchase warrants (each, a “Warrant”). Each Warrant will entitle the holder to acquire one Common

Share at an exercise price of C$3.00 with an expiry date of October 6, 2021.

The Common Shares and Warrants issued upon conversion of the Subscription Receipts may be traded by

the holders through the facilities of the TSX -V under the symbols “TREK” and “TREK.WT”, respectively,

and are not subject to a statutory hold period.

Contacts

Christian Milau, Chief Executive Officer

Rhylin Bailie, Vice President Investor Relations

Tel: +1 604-558-0560

Email: [email protected]

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX -V) accepts responsibility for

the adequacy or accuracy of this release.

Forward-looking Statements

This document contains certain forward-looking information and forward-looking statements within the meaning of applicable

securities legislation (collectively “forward-looking statements”). The use of the words “will”, “may”, “subject to” and similar

expressions are intended to identify forward-looking statements. Although Trek believes that the expectations reflected in such

forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking

statements since Trek can give no assurance that such expectations will prove to be correct. These statements involve known and

unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated

in such forward-looking statements, including the risks, uncertainties and other factors identified in Trek's periodic filings with

Canadian securities regulators. Furthermore, the forward-looking statements contained in this news release are made as at the

date of this news release and Trek does not undertake any obligations to publicly update and/or revise any of the included forward-

looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by

applicable securities laws.