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TG.V ·

Trifecta Gold Announces Changes to Management and Board

Management Changes

510 – 1100 Melville St. www.trifectagold.com

Vancouver, B.C. V6E 4A6 [email protected]

Tel: 604.687.2522 TSX-V: TG

Trifecta Gold Announces Changes to Management and Board

March 17, 2022 - Trifecta Gold Ltd. (TSX-V: TG) ("Trifecta" or the "Company") is pleased to announce

the appointment of Mr. Quinn Martin as Chief Financial Officer, to replace Mr. Larry Donaldson effective

March 16, 2022 . Trifecta also announces Mr. Bruce Kenway’s retirement from the Board of Directors

effective March 16, 2022.

“On behalf of the B oard, I would like to thank Larry and Bruce for the ir service and guidance since

formation of the Company ,” states Richard Drechsler, President and CEO . The departures of Messrs.

Donaldson and Kenway are part of a planned transition at the Company, and both have agreed to continue

in advisory roles.

Mr. Quinn Martin is a Chartered Professional Accountant (CPA, CA) with over 16 years experience

working with public companies in a variety of sectors. He currently provides CFO services to reporting

issuers working in the mineral resource sector, and also provides financial reporting consultancy services

to numerous public companies in varying industries on Canadian Exchanges. Previously, Mr. Martin had

spent 13 years working in assurance services for public companies at Davidson & Company LLP, where

he was a Principal until his departure in 2018. He obtained his Bachelor of Business Administration (BBA)

degree at Thompson Rivers University in 2005 and received his Chartered Accountant (CPA) designation

in 2009. Mr. Martin is currently a Principal at Donaldson Brohman Martin CPA Inc.

Independent Director Ms. Rachele Gordon will succeed Mr. Kenway as chair of Trifecta’s Audit

Committee.

Under the Company's Incentive Stock Option Plan, Trifecta has granted Mr. Martin 250,000 incentive stock

options at a price of $0.08 per share for a period of five years. These options are subject to vesting provisions

under which 25% of the options will vest at the conclusion of each three months during the first year of the

exercise period.

About Trifecta Gold Ltd.

Trifecta is a Canadian -based precious metals exploration company dedicated to increasing shareholder

value through the discovery and development of 100% held gold projects in Yukon and Nevada. Drilling

is ongoing at its Yuge Gold Project, located in northe rn Nevada, where multiple broad zones of gold

mineralization have been identified near historical high-grade mines. The Company's Eureka Project hosts

an 8 x 2.5 kilometre belt of surface showings and anomalous gold -in-soil that straddle the headwaters of

two of the most productive placer creeks in Yukon's southern Klondike Goldfields.

ON BEHALF OF THE BOARD

“Richard Drechsler”

President and CEO

For further information concerning Trifecta or its various exploration projects please visit

www.trifectagold.com or contact:

Corporate Information

Trifecta Gold Ltd.

Richard Drechsler

President and CEO

Tel: (604) 687-2522 ext. 262

This news release may contain forward looking statements based on assumptions and judgments of

management regarding future events or results that may prove to be inaccurate as a result of

exploration and other risk factors beyond its control, and actual results may differ materially from the

expected results.

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.