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Trillium Gold Engages Swiss Resource Capital AG for Marketing and Consulting Services

Marketing Announcement

NEWS RELEASE

Trillium Gold Engages Swiss Resource Capital AG for

Marketing and Consulting Services

Vancouver, BC, Canada – November 16, 202 2 – Trillium Gold Mines Inc. (TSXV:TGM,

OTCQX:TGLDF, FRA:0702) (“Trillium Gold” or the “Company”) is pleased to announce that it has

engaged Swiss Resource Capital AG (“SRC”) to perform services for the Company, including

investor relations activities, as defi ned in accordance with the policies of the TSX Venture

Exchange (“TSXV”) and applicable securities laws, with a focus on the European investing public.

SRC based in Zurich, Switzerland, is a global network of experts who work closely with investment

funds and asset managers to identify exceptional value investing opportunities in the mining sector.

Pursuant to an agreement entered into with SRC, the Company has agreed to pay SRC a monthly

fee of €2,500 over an initial six month period. Following this period, the agreement shall be renewed

subject to mutual agreement by SRC and the Company. The Company has also granted SRC

50,000 stock options (the “Option Grant”), with each option exercisable into one common share in

the capital of the Company (each, a “Common Share”) at an exercise price of $0.2 0 per Common

Share, for a period of five years from the date of grant. The Option Grant is subject to the approval

of the TSXV.

On behalf of the Board of Directors,

Trillium Gold Mines Inc.

Russell Starr

Director, President & CEO

For further information, please contact Donna Yoshimatsu, VP Corporate Development and

Investor Relations at [email protected], (416) 722-2456, or [email protected].

Visit our website at www.trilliumgold.com.

About Trillium Gold Mines Inc.

Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition,

exploration and development of m ineral properties located in the Red Lake Mining District of

Northern Ontario. As part of its regional-scale consolidation strategy, the Company has assembled

one of the largest prospective land packages in and around the Red Lake mining district in proximity

to major mines and deposits, as well as along the Confederation Lake and Birch-Uchi greenstone

belts. The Company recently closed acquisitions effectively extending its contiguous land position

over more than 100 km of favourable structures on trend with Kinross Gold’s Great Bear Project

and Evolution Mining’s Red Lake Operation. In addition, the Company has interests in highly

prospective properties in Larder Lake, Ontario.

Neither 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.

Cautionary note regarding forward-looking statements

This news release contains forward-looking information, which involves known and unknown risks,

uncertainties and other factors that may cause actual events to differ materially from current

expectations.

Forward-looking information is based on managemen t’s reasonable assumptions, estimates,

expectations, analyses and opinions, which are based on management’s experience and

perception of trends, current conditions and expected developments, and other factors that

management believes are relevant and reaso nable in the circumstances, but which may prove to

be incorrect. Such factors, among others, include: impacts arising from the global disruption

caused by the Covid -19 coronavirus outbreak, business integration risks; fluctuations in general

macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward

prices of gold or certain other commodities; change in national and local government, legislation,

taxation, controls, regulations and political or economic developments; ris ks and hazards

associated with the business of mineral exploration, development and mining ( Incl. environmental

hazards, industrial accidents); inability to obtain adequate insurance to cover risks and hazards;

the presence of laws and regulations that may impose restrictions on mining; employee relations;

relationships with and claims by local communities and indigenous populations; availability of

increasing costs associated with mining inputs and labour; the speculative nature of mineral

exploration and development (Incl. the risks of obtaining necessary licenses, permits and approvals

from government authorities); and title to properties.

Readers are cautioned not to place undue reliance on these forward -looking statements, which

speak only as of the date of this press release. The Company disclaims any intention or obligation,

except to the extent required by law, to update or revise any forward -looking statements, whether

as a result of new information, future events or otherwise.