Trifecta GOLD Ltd. Closes 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. CLOSES PRIVATE PLACEMENT

June 9, 2020 - Trifecta Gold Ltd. (TSX-V: TG) (“Trifecta” or the “Company”) announces the closing of the

private placement announced May 19, 2020. The private placement consisted of the issuance of 4,000,000 common

shares at a price of $0.025 per share for gross proc eeds of $100,000 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 placement are subject to a hold period in Canada until

October 10, 2020 and have been legended with the “Exchange Hold Period” as provided for in TSX Venture

Exchange Policy 3.2.

The proceeds from this private placement will be used for working capital purposes, including the paymen t of filing

fees, transfer agency fees, D & O liability insurance premiums, rent, administration expenses, accounting and legal

expenses and permitting expenses in respect of some of Trifecta’s mineral properties. It is anticipated that

approximately $28,000 in related party expenses will be incurred in respect of accounting and legal matters from the

proceeds of this private placement. No finder’s fees were paid and insiders purchased 2,360,000 shares for total

proceeds of $59,000.

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.