Trailbreaker Resources Reprices Warrants

Trailbreaker Resources Reprices Warrants

September 22, 2022 – Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) announces

that subject to all regulatory approvals, it has reduced the exercise price of 3,224,600 common share

purchase warrants (the “Warrants”) to $0.25. The Warrants were issued pursuant to the following private

placement financing:

• May 12, 2021 800,000 share purchase warrants exercisable at $0.35 and

2,424,600 share purchase warrants exercisable at $0.49

The Company has also applied to extend the exercise period of all of the Warrants to May 12, 2024.

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

For new information about the Company’s pro jects, please visit Trailbreaker’s website at

TrailbreakerResources.com and sign up to receive news. For further information , follow Trailbreaker’s

tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-

1820 or at [email protected].

Neither the TSX Venture Exchange nor its Regulation Servic es Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

TSX-V: TBK

APRAF.PK

Frankfurt:KCG1

TRAILBREAKER RESOURCES LTD.

650 W. Georgia Street, #2110

Vancouver, British Columbia

Canada, V6B 4N9

Telephone: 604 681 1820

Facsimile: 604 681 1864

https://www.TrailbreakerResources.com

https://twitter.com/TrailbreakerLtd.