March 31, 2017
Gowling WLG advised JDL Gold Corp. on its CDN$90-million business combination with Luna Gold Corp. to form Trek Mining Inc.
On March 31, 2017, JDL Gold Corp. and Luna Gold Corp. combined their businesses to form Trek Mining Inc. (“Trek”) pursuant to a plan of arrangement. Trek trades on the TSX Venture Exchange under the ticker symbol “TREK”.
Trek is a Canadian mining company with a portfolio of production, near-production and exploration stage projects in North and South America. Trek is producing gold from its Koricancha Mill, a custom-built gold and silver ore processing facility in Peru, and is completing a feasibility study for its past-producing Aurizona Gold Mine in Brazil, with the objective of pouring gold at Aurizona by the end of 2018. Trek’s exploration properties include both near-mine and district exploration opportunities at Aurizona; the Warintza project, a porphyry copper-molybdenum exploration project in Southeastern Ecuador; the Ricardo project, a porphyry copper-molybdenum exploration project in Chile; and Elk Gold, a past-producing high-grade gold mine in British Columbia, Canada.
Gowling WLG advised JDL Gold, now Trek, with a team led by Warren Beil that included Brett Kagetsu and Garrett Lee.
NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.