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Troy Minerals Enters Into Property Purchase Agreement With Rockbridge Resources

Mergers & Acquisitions

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TROY MINERALS ENTERS INTO PROPERTY PURCHASE

AGREEMENT WITH ROCKBRIDGE RESOURCES

September 28, 2022 – Vancouver, British Columbia – Troy Minerals Inc. (CSE: TROY) (“Troy” or the

“Company”) is pleased to announce that it has entered into a property purchase agreement with Rockbridge

Resources Inc. (the “Property Purchase Agreement”) pursuant to which the Company will purchase a certain

mineral claim (the “Ticktock Property”) in BC from Rockbridge Resources Inc. in exchange for a cash payment

of $120,000 and 1,000,000 common shares of the Company (the “Transaction”).

The 1065-hectare Ticktock Property is located within the prolific Golden Triangle region of British Columbia,

Canada. The property, which lies 23km northwest of the historic Eskay Creek Mine, sits between the Enduro

Metals Newmont Lake property and the Aben Resources Forrest -Kerr property. Underlain by the Stikine

Terrane, the Ticktock Property hosts zones of skarn within Devonian aged marine sediments which contain

lenses of massive sulphide and gold bearing quartz veins. Historic surface sampling on the property produced

assays up to 7% copper, 2.5 g/t gold, and greater than 2% zinc.

The Company shares issued pursuant to the Transaction will be subject to a four month hold period in accordance

with applicable securities laws and the policies of the Canadian Securities Exchange. Rockbridge is a private

BC company controlled by Rana Vig, a director and President of the Company. The Transaction was approved

by the board of the Company with Mr. Vig abstaining.

Qualified person

Bill Cronk, PGeo, a qualified person as defined by National Instrument 43-101, has reviewed and approved the

technical information provided in this release.

About Troy Minerals Inc.

Troy Minerals is a mineral exploration company focused on the acquisition, exploration and development of

mineral properties. The company currently has the right to acquire 100% interest in the Green Gold Project

comprised of twelve (12) mineral claims with an aggregate area of 7,587 hectares located in central British

Columbia in the Cariboo Mining Division, approximately 34 kilometers (km) southwest of the city of Prince

George.

ON BEHALF OF THE BOARD,

Rana Vig | President and Director

Telephone: 604-218-4766

[email protected]

Forward-Looking Statements

This press release contains certain forward-looking statements as well as historical information. Readers should not rely on information in

this summary for any purpose other than for gaining general knowledge of the Company. Forward-looking statements include, but are not

limited to, the commencement of trading of the Company’s common shares on the CSE. The words “expected”, “will” and similar

expressions are intended to be among the statements that identify forward-looking statements. Although the Company believes that its

expectations as reflected in any forward-looking statements, are reasonable, such statements involve risks and uncertainties and no

assurance can be given that actual results will be consistent with these forward-looking statements. Except as required by law, the Company

undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates, opinions or other

factors should change.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy

of this news release.