Leagold Retains Services of Renmark Financial Communications Inc.

Leagold Mining Corporation (CNW Group/Leagold Mining Corporation)

VANCOUVER, April 10, 2017 /CNW/ - Leagold Mining Corporation (TSX-V: LMC) ("Leagold" or the "Company") is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to provide support to investor relations activities. Renmark has offices in Toronto and Montreal.

In consideration of the services to be provided, the monthly fees incurred by Leagold Mining Corporation will be a cash consideration of up to C$8,000, starting April 1, 2017 for a period of six months ending on October 31, 2017 and monthly thereafter.

Renmark Financial Communications does not have any interest, directly or indirectly, in Leagold Mining Corporation or its securities, or any right or intent to acquire such an interest.

About Leagold Mining Corporation

Leagold aims to build a new mid-tier gold producer with a focus on opportunities in Latin America.  Leagold is based in Vancouver, Canada and is listed on the TSX Venture Exchange under the trading symbol "LMC".  The recent acquisition of the Los Filos Mine, a low-cost gold producer in Mexico, provides an excellent platform for growth.

On behalf of Leagold Mining Corporation

Neil Woodyer, Chief Executive Officer

This news release contains "forward-looking statements" and "forward looking information" (as defined under applicable securities laws), including but not limited to, statements with respect to  the pro forma equity ownership, and the conversion of the Subscription Receipts issued to Orion and plans for future development of the Los Filos Mine. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" and "anticipates". Forward-looking statements and information, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the receipt of all necessary approvals for conversion of the Orion Subscription Receipts; risks related to the Los Filos Mine, risks related to the successful integration of the acquisition; risks related to international operations; risks related to general economic conditions and credit availability, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Leagold operates. Although Leagold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward looking information are made as of the date hereof and Leagold disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.  Please refer to Leagold's most recent filings under its profile at www.sedar.com for further information respecting the risks affecting Leagold and its business.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Leagold Mining Corporation

For more information on Leagold please visit the Company website at www.leagold.com or contact: Doug Reddy, SVP Technical Services, [phone], [email protected]; Renmark Financial Communications Inc.: Laura Welsh, [phone] or [phone], [email protected], www.renmarkfinancial.com