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NEX Trading Symbol – Tgi.h True Grit Resources Ltd (“Tgi.h”) Announces 10:1 Share Consolidation

Corporate Actions

Suite 404 – 999 Canada Place Vancouver, British Columbia V6C 3E2 Telephone: (604) 662-3230 Fax: (604) 682-4309 NEX TRADING SYMBOL – TGI.H

TRUE GRIT RESOURCES LTD (“TGI.H”) ANNOUNCES 10:1 SHARE CONSOLIDATION

May 21, 2019 True Grit Resources Ltd. announces that it will consolidate its issued and outstanding share capital on the basis of one post consolidation common share for each 10 pre-consolidation common shares. Any fraction of a share will be rounded up to the nearest whole number.

Currently there are 33,710,492 shares outstanding and upon exchange acceptance and approval there will be 3,371,049 common shares outstanding

The name and symbol will not change

About True Grit

True Grit is engaged in the business of acquiring, exploring and developing highly prospective mineral properties in North America. True Grit’s portfolio includes Lithium, Cobalt and Gold.

TRUE GRIT RESOURCES LTD.

Byron Coulthard President

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com.

Neither the 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.