March 6, 2017 / TheNewswire / This news release is being disseminated by Chet Idziszek (the “Offeror”) as required under National Instrument 62-104 – Take-Over Bids and Issuer Bids (“NI 62-104”) in connection with the filing of an Early Warning Report regarding the disposition of common shares in the capital of Lund Enterprises Corp. (the “Company”).

The Offeror confirms that, on March 2, 2017, he sold 529,000 shares (the “Sold Shares”) at the price of $0.10527 per share through the facilities of the TSX Venture Exchange.

The Sold Shares represent 6.75% of the issued and outstanding common shares of the Company. Following the sale, the common shares of the Company held by the Offeror total 277,796 common shares, representing 3.55% of the issued and outstanding common shares of the Company. The Offeror also holds 500,000 share purchase warrants exercisable until August 5, 2017 at an exercise price of $0.20 per share (the “Prior Warrants”). On a partially diluted basis (assuming full exercise of the Prior Warrants by the Offeror), the Offeror will hold 777,796 common shares, representing 9.33% of the issued and outstanding common shares of the Company.

The Offeror expects to participate in a Private Placement of common shares of Lund and the sale was made to provide funds for a portion of such private placement.

The Offeror may, from time to time, take such actions in respect of his holdings in Lund he may deem appropriate in light of the circumstances then existing, including the purchase of additional common shares or other securities of Lund or the disposition of all or a portion of the Offeror’s shareholdings, subject in each case to applicable securities laws.

A copy of the related Early Warning Report may be obtained by contacting the Company by telephone at 604-331-8772 or by written request mailed to the Company at 300 – 1055 West Hastings Street, Vancouver, BC V6E 2E9.

  

		“Chet Idziszek”
		Chet Idziszek