Pr # 19-07 Otcmkts: Tigcf
PRESS RELEASE
For Further Information, please 1100 – 1111 Melville Street
Visit our website at Vancouver, BC, Canada, V6E 3V6
www.triumphgoldcorp.com Tel: 604.893.8757
May 15, 2019 TSX.V: TIG
PR # 19-07 OTCMKTS: TIGCF
Frankfurt: 8N61
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.
TRIUMPH GOLD CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, British Columbia – May 15, 2019 -- Triumph Gold Corp. ("Triumph Gold" or the “Company”)
(TSX Venture Exchange: TIG) is pleased to announce that it has completed the first tranche of its non-
brokered private placement (the "Offering") described in its news release of May 9, 2 019. In connection
with the first tranche closing of the Offering, the Company issued an aggregate of 2,887,500 non-flow
through units (the "Units") at a price of CDN$0.35 per Unit for gross proceeds of CDN$1,010,625. Each
Unit consists of one common share in the capital of the Company (a “Share”) and one-half of
one transferable common share purchase warrant (each whole common share purchase warrant, a
“Warrant”). Each whole Warrant is exercisable to acquire one Share at an exercise price of CDN$0.60 per
Share until May 14, 2021 which is 24 months from the date of issuance.
Triumph Gold plans to allocate the proceeds of the Offering to exploration on its Freegold Mountain
project and general working capital.
In connection with the first tranche of the Offer ing, the Company agreed to pay aggregate finder’s fees of
CDN$50,464.75 and 59,185 Share purchase warrants (the “Finder’s Warrants”). Each Finder’s Warrant is
exercisable to acquire one Share in the capital of the Company at an exercise price o f CDN$0.60 p er
Share until May 14, 2021, which is 24 months from the date of issuance.
The Offering remains subject to final approval of the TSX Venture Exchange.
The securities issued under the Offering, and any Shares that may be issuable on exercise of any such
securities, will be subject to a statutory hold period expiring four months and one day from the date of
issuance of such securities.
About Triumph Gold Corp.
Triumph Gold Corp. is a growth oriented Canadian -based precious metals exploration and development
company. Triumph Gold Corp. is focused on creating value through the advancement of the district scale
Freegold Mountain project in Yukon . For maps and more information, please visit our website
www.triumphgoldcorp.com
On behalf of the Board of Directors
Signed "Paul Reynolds"
Paul Reynolds, President & CEO
For further information please contact:
John Anderson, Executive Chairman
Triumph Gold Corp.
(604) 218-7400
Paul Reynolds President & CEO
Triumph Gold Corp.
(604) 283-0895
PRESS RELEASE
For Further Information, please 1100 – 1111 Melville Street
Visit our website at Vancouver, BC, Canada, V6E 3V6
www.triumphgoldcorp.com Tel: 604.893.8757
Neither the TSX Venture Exchange nor its Regulation Services Pro vider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933 , as amended (the " U.S. Securities Act "), or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
Cautionary Statement Regarding Forward-Looking Information
Certain information contained in this news release constitutes “forward -looking information” or “forward -
looking state ments” (collectively, “forward -looking information”). Without limiting the foregoing, such
forward-looking information includes statements regarding the process and completion of th e offering, the
use of proceeds of the o ffering and any statements regarding the Company’s business plans,
expectations and objectives. In this news release, words such as “may”, “would”, “could”, “will”, “likely”,
“believe”, “expect”, “anticipate”, “inten d”, “plan”, “estimate” and similar words and the negative form
thereof are used to identify forward -looking information. Forward looking information should not be read
as guarantees of future performance or results, and will not necessarily be accurate ind ications of
whether, or the times at or by which, such future performance will be achieved. Forward -looking
information is based on information available at the time and/or the Company management’s good faith
belief with respect to future events and is sub ject to known or unknown risks, uncertainties, assumptions
and other unpredictable factors, many of which are beyond the Company’s control. For additional
information with respect to these and other factors and assumptions underlying the forward -looking
information made in this news release, see the Company’s most recent Management’s Discussion and
Analysis and financial statements and other documents filed by the Company with the Canadian
securities commissions and the discussion of risk factors set out th erein. Such documents are available at
www.sedar.com under the Company’s profile and on the Company’s website, www.triumphgoldcorp.com.
The forward-looking information set forth herein reflects the Company’s expectations as at the date of this
news release and is subject to change after such date. The Company disclaims any intention or obligation
to update or revise any forward -looking information, whether as a result of new information, future events
or otherwise, other than as required by law.