Triumph Gold Announces Strategic Review of Non-Core Exploration Projects and $15 Million Private Placement

(TSXV:TIG, OTCQB:TIGCF) Triumph Gold Corp. has initiated a strategic review of its non-core exploration projects, specifically the Andalusite Peak project in British Columbia and the Utah Silver project in Utah. The review includes the potential divestiture of these properties as the company evaluates opportunities to focus on its core projects in the Yukon, which are Freegold Mountain, Tad/Toro, and Big Creek. Triumph Gold Corp. has announced a non-brokered private placement offering of up to 20 million common shares at a price of $0.75 per share, for total proceeds of up to $15 million. The company intends to use the proceeds primarily to advance its exploration projects in the Yukon, with the remainder allocated for general working capital purposes. Russell Ball, Chair and Interim CEO, stated that the company is excited to focus ongoing exploration efforts on the Yukon and that completion of the private placement will provide the necessary funding to significantly ramp up generative exploration efforts on its large land package in the Yukon. Closing of the offering is subject to TSX Venture Exchange acceptance. The shares issued in the offering will be subject to a statutory hold period of four months and one day from the closing date, in accordance with Canadian securities laws. The securities offered have not been and will not be registered under the United States Securities Act of 1933 or any state securities laws, and may not be offered or sold within the United States or its territories or possessions or to or for the account of any U.S. person absent registration or an applicable exemption. This news release does not constitute an offer to sell or a solicitation of an offer to buy any such securities within the United States or its territories or possessions, or to or for the account of any U.S. person.

Triumph Gold Announces Closing of Private Placement

(TSXV: TIG) Triumph Gold Corp. announced the closing of its previously announced non-brokered private placement, raising gross proceeds of $5,410,000 through the issuance of 10,820,000 units at a price of $0.50 per Unit. Each Unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder to acquire one additional common share at a price of $0.55 per share for a period of three years from the closing date. The company paid aggregate cash finder's fees of $275,450 and issued 550,900 non-transferable finder's warrants, each exercisable at $0.55 per share until June 12, 2029. A director of the company participated in the offering by acquiring 500,000 Units for a total consideration of $250,000. All securities issued or issuable in connection with the offering are subject to a four-month hold period expiring on October 13, 2026. The net proceeds of the offering will be used for general working capital. The offering remains subject to the final acceptance of the TSX Venture Exchange.

Triumph Gold Announces $5,410,000 Private Placement

(TSXV: TIG) Triumph Gold Corp. announced a non-brokered private placement of up to 10,820,000 units at a price of $0.50 per Unit for gross proceeds of up to $5,410,000. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to acquire one additional common share at a price of $0.55 per share for a period of three years from the closing date of the Offering. The net proceeds of the Offering will be used for general working capital. Closing of the Offering is subject to the approval of the TSX Venture Exchange. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.