Triumph Gold Announces Closing of Private Placement

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Triumph Gold Announces Closing of Private Placement

VANCOUVER, British Columbia, March 13, 2025 -- Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph” or the “Company”) announces that it has closed its non-brokered private placement for 9,604,750 units of the Company at a price of $0.20 per unit for gross proceeds of $$1,920,950.  Each unit is comprised of one common share and one-half of a common share purchase warrant, with each whole warrant exercisable to acquire one additional share at a price of $0.25, exercisable for a term of three years from the date of issuance.

The proceeds from the private placement will be used for general working capital and liabilities, as well as to continue working on the Company’s Freegold Mountain Project in the Yukon, Andalusite Peak Project in BC, and to explore Silver Projects in North America.

“We are excited about the bull market we are entering in gold, silver, and copper. We know that our established resource base and property package presents highly leveraged exposure for our shareholders,” said John Anderson, Chairman of Triumph. “After a couple of challenging years in the exploration sector, we will be following up on expanding our resource base and hopefully new discoveries”

Finder’s fees in the amounts of $68,000 in cash and 340,000 finder’s warrants were payable in connection with the private placement. The securities issued under this private placement will be subject to a four month hold period expiring on July 13, 2025, in accordance with applicable Canadian securities laws.

The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

About Triumph Gold Corp.

Triumph Gold Corp. is a growth oriented Canadian-based precious metals exploration and development company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale Freegold Mountain Project in Yukon. For maps and more information, please visit our website www.triumphgoldcorp.com.

On behalf of the Board of Directors

/s/ “John Anderson”

John Anderson, Executive Chair

For further information please contact:

John Anderson, Executive Chair

Triumph Gold Corp.

+1 (604) 218-7400

moc.procdloghpmuirt@nosrednaj

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