TSX:  LMC  $1.39  Gold:  $1221.51/oz
TSX-V: LMC $1.39  Gold: $1221.51/oz

Leagold Mining Corporation Closes $35,000,000 Private Placement and Changes Name to Leagold Mining Corporation

August 29, 2016

Vancouver, British Columbia – HTI VENTURES CORP. (TSXV–HTI.H) (the “Company”) ispleased to announce the closing of its non-brokered private placement (the “Private Placement”) of100,000,000 shares at a price of CDN$0.35 per share for gross proceeds of CDN$35,000,000. Finder’sfees of 191,000 shares and CDN$849,000 were paid in relation to the Private Placement. The commonshares issued pursuant to the Private Placement and the Finder’s Fee are subject to a four month holdperiod expiring December 30, 2016.

The Company further announces that Neil Woodyer acquired 17,125,000 common shares pursuant to thePrivate Placement. Prior to the Private Placement, Mr. Woodyer owned 10,500,000 common shares,representing 29.63% of the outstanding shares of the Company. As a result of the acquisition ofsecurities described above, Neil Woodyer now owns in aggregate 27,625,000 common shares of theCompany, representing 20.37% of the current issued and outstanding common shares of the Companyand would own 29,025,000 common shares, representing 21.18% of the outstanding shares of theCompany on a partially diluted basis, assuming exercise of 1,400,000 incentive stock options held by NeilWoodyer.

The Company further announces that Frank Giustra acquired, directly and indirectly, 9,405,000 commonshares pursuant to the Private Placement. Prior to the Private Placement Mr. Giustra owned 6,150,000common shares, representing 17.36% of the outstanding shares of the Company. As a result of theacquisition of securities described above, Frank Giustra directly and indirectly, now owns and/or controls,in aggregate 15,555,000 common shares of the Company, representing 11.47% of the current issued andoutstanding common shares of the Company and would own 16,055,000 common shares, representing11.79% of the outstanding shares of the Company on a partially diluted basis, assuming exercise of500,000 incentive stock options held by Frank Giustra directly.

The Company has been advised that Neil Woodyer and Frank Giustra and his related entities acquiredthese securities for investment purposes and may in the future acquire or dispose of securities of theCompany, through the market, privately or otherwise, as circumstances or market conditions warrant.

Name Change

The Company will change its jurisdiction of incorporation to British Columbia and will change its nameto Leagold Mining Corporation on August 31, 2016 and its common shares will trade under the symbolTSX-V: LMC.H effective at open of market on August 31, 2016.

Conversion of Preferred Shares

The Company will also be converting the exiting 28,000 Series 1 Convertible Preferred Shares intocommon shares on a one for one basis effective August 31, 2016.

Change of Auditors

The Company further announces that it has changed its auditors from Manning Elliott LLP (the “FormerAuditors”) to Deloitte LLP (the “Successor Auditors”) effective August 24, 2016.

At the request of the Company, the Former Auditors resigned as auditors for the Company effectiveAugust 24, 2016 and the board of directors of the Company appointed the Successor Auditor as theCompany’s auditor effective August 24, 2016, until the close of the next Annual General Meeting of theCompany.

Change of Financial Year End

The Company has determined to change its financial year end from September 30 to December 31.ON BEHALF OF HTI VENTURES CORP.
Neil Woodyer

Neil Woodyer
Chief Executive Officer
For further information please contact:

Jasvir Kaloti
Corporate Secretary
Tel: (604) 609-6110

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.

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