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TG.V ·

Trifecta GOLD Ltd. Closes Fully Subscribed $2 Millon Private Placement

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. CLOSES FULLY SUBSCRIBED $2 MILLON PRIVATE PLACEMENT

June 30, 2021 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta” or the “Company”) announces the closing

of the private placement originally announced on June 2 , 202 1 and subsequently increased on June 9,

2021 due to strong demand.

The private placement consisted of the sale of 20,000,000 units at a price of $0. 10 per unit for gross

proceeds of $2,000,000. Each unit consisted of one common share and one share purchase warrant, with

each warrant entitling the holder to purchase one additional common share at a price of $0. 20 until June

30, 2023, subject to an accelerator clause. The Comp any shall have the right to accelerate the expiry

period of the warrants after the four month hold has expired and its common shares close at or above

$0.40 for a period of 10 consecutive trading days. If Trifecta exercises such right, the Company will give

a 30 day notice to the holders that the warrants will expire.

All of the shares issued pursuant to the private placement, including any additional shares that may be

issued pursuant to the exercise of the share purchase warrants forming part of the units are subject to a

hold period in Canada until October 31, 2021.

Trifecta paid finder s’ fees total ing $39,760 and 39 7,600 Compensation Warrants to Ascenta Finance

Corp., PI Financial Corp., and Canaccord Genuity Corp. in connection with the private placement. Each

Compensation Warrant entitles the holder the right to purchase one unit at a price of $0.10 until June 30,

2023 having the same terms as the units issued pursuant to the Private Placement, save and except that the

warrants forming part of the units are not subject to an acceleration clause.

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. Initial

drilling at its Yuge Gold Project, located in northern Nevada, has identified multiple broad zones of gold

mineralization 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 headwate rs of two of the

most productive placer creeks in Yukon’s southern Klondike Goldfields.

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 the sale of

securities, 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 prospectus containing detailed information about the company

and management, as well as financial statements.

2

ON BEHALF OF THE BOARD

“Richard Drechsler”

President, CEO and Director

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, CEO and Director

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.