Trifecta GOLD Ltd. Announces Private Placement

1016 – 510 W Hastings St. www.trifectagold.com

Vancouver, B.C. V6B 1L8 [email protected]

Tel: 604.687.2522 TSX-V: TG

TRIFECTA GOLD LTD. ANNOUNCES PRIVATE PLACEMENT

May 19, 2020 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta” or the “Company”) announces a private

placement of up to $200,000, to consist of the sale of up to 8,000,000 common shares at a price of $0.025

per share. This private placement will be conducted pursuant to the “Temporary Relief of $0.05 Minimum

Pricing Requirement” as published by the TSX Venture Exchange in its “Notice to Issuers” dated April 8,

2020.

All of the shares issued pursuant to this private pla cement will be subject to a hold period in Canada of

four months plus one day from closing. The proceeds from this private placement, which is subject to

TSX Venture Exchange acceptance, will be used for working capital purposes.

About Trifecta Gold Ltd.

Trifecta is a Canadian precious metal exploration company dedicated to increasing shareholder value

through the acquisition and advancement of attractive exploration projects in Canada and other mining -

friendly jurisdictions.

ON BEHALF OF THE BOARD

“Richard Drechsler”

Interim 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

Interim 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.