Lundin Family Trusts buying at Lundin Gold (LUG)

Lundin Family Trusts buying at Lundin Gold (T:LUG)

Zebra Holdings and Investments S.�.r.l., a 10% Holder, acquired 8,083,141 Common Shares on a direct ownership basis at a price of US$4.33 through a prospectus or prospectus exempt offering on March 26th, 2018. This represents a $45,101,001 investment into the company's shares and an account share holdings change of 26.1%.

At the same price, Lorito Holdings S.�.r.l., a 10% Holder, acquired 3,464,203 Common Shares on a direct ownership basis. This represents a $19,328,999 investment into the company's shares and an account share holdings change of 69.2%.

Lundin Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Lundin Gold Inc. (Lundin Gold), formerly Fortress Minerals Corp., is a Canada-based mining company. The Company owns the Fruta del Norte Project located in southeast Ecuador, which is an undeveloped gold project. The Company's Fruta del Norte Project is located in the Cordillera del Condor region of Zamora, Chinchipe province, southeastern Ecuador. The Fruta del Norte Project consists of approximately 30 mining concessions, which cover an area of approximately 75,000 hectares located in southeastern Ecuador, in the Province of Zamora and in Morona Santiago province. The Fruta del Norte Project is consist of over three concessions and covers an area of approximately 4,660 hectares located in the Province of Zamora Chinchipe. The Company's subsidiaries include Aurelian Resources Inc., Aurelian Resources Corporation Ltd., Aurelian Ecuador S.A. and Ecoaurelian Agricola S.A. The Company's Aurelian Ecuador S.A. holds the concessions underlying the Fruta del Norte Project.