VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 24, 2016) - True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to announce the mailing of materials for a Special Meeting (the "Meeting") of Shareholders and Optionholders (the "Securityholders") for the previously announced Plan of Arrangement (the "Arrangement") with Endeavour Mining Corporation ("Endeavour"). The Meeting materials are also available for download on SEDAR (www.sedar.com) and the Company's website (www.truegoldmining.com).

At the Meeting, Securityholders will be asked to consider and vote on the Arrangement, upon completion of which holders of True Gold common shares ("True Gold Shares") will receive, for each True Gold Share held, 0.044 of an Endeavour common share. As indicated by the respective True Gold and Endeavour press releases dated 04 March 2016, the boards of directors for both companies unanimously recommend the transaction.

True Gold Securityholders as of the record date of March 15, 2016, will receive proxy voting materials in advance and have the right to vote by proxy or in person at the Special Meeting of Shareholders to be held on April 21, 2016 at 9:00 a.m. (Vancouver time) at the offices of Blake, Cassels & Graydon LLP, Suite 2600, 595 Burrard Street, Vancouver, British Columbia.

True Gold Securityholders will be receiving, the Meeting materials in the mail. The Meeting materials include a management information circular that contains, among other things, details concerning the Arrangement, the reasons for and benefits of the Arrangement, the risks associated with the Arrangement, the requirements for the Arrangement to become effective, the procedure for voting either in advance of or at the Meeting, and other related matters. Shareholders are urged to carefully review the management information circular and accompanying materials as they contain important information regarding the Arrangement.

Assuming a successful shareholder vote and satisfaction of the other conditions required for the Arrangement, including approval by the Endeavour's shareholders, closing is expected to occur on or about April 26, 2016.

The Board of True Gold UNANIMOUSLY recommends that shareholders vote IN FAVOUR of the Arrangement.

Your vote is important regardless of how many True Gold Shares you own. True Gold encourages Securityholders to read the Meeting materials in detail.

Shareholder Questions

True Gold has engaged Laurel Hill Advisory Group ("Laurel Hill") as its proxy solicitation agent in connection with the Meeting and asks all shareholders to contact Laurel Hill with any questions or for assistance with voting. Laurel Hill can be reached by email at assistance@laurelhill.com or by telephone at 1-877-452-7184 (416-304-0211 collect).

About True Gold

True Gold Mining Inc. is where gold comes to life. We are committed to growing a successful gold production company, by focusing on projects with low costs, low technical risks and solid economics. The Company's board, management and technical teams have proven track records in gold exploration, development, and production worldwide.

ON BEHALF OF THE BOARD

Christian Milau, President & CEO

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