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TG.V ·

Trifecta Gold Ltd. Announces Private Placement of up to $750,000

Financings

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

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

Tel: 604.687.2522 TSX-V: TG

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO UNITED

STATES NEWSWIRE SERVICES

Trifecta Gold Ltd. Announces Private Placement of up to $750,000

July 20, 2020 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta” or the “Company”) announces a private

placement of up to $ 750,000, to consist of the sale of up to 10,714,286 units at a price of $0.0 7 per unit.

Each unit will consist of one Common Share and one common share purchase Warrant.

Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.14 for 12

months following closing of the private placement.

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

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

TSX Venture Exchange acceptance, will be used to fund exploration activities and 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.

The securities referred to in this news release have not been, nor will they be, registered under the United

States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to,

or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from

the U.S. registration requirements. This news release does not constitute an offer for sale of securities for

sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United

States must be made by means of a prospe ctus containing detailed information about the company and

management, as well as financial statements.

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

2

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.