Pr # 19-12 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
July 18, 2019 TSX.V: TIG
PR # 19-12 OTCMKTS: TIGCF
Frankfurt: 8N61
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.
TRIUMPH GOLD CLOSES FOURTH TRANCHE OF PRIVATE PLACEMENT
Vancouver, British Columbia – July 18, 2019 -- Triumph Gold Corp. ("Triumph Gold" or the “Company”)
(TSX Venture Exchange: TIG) is pleased to announce that it has completed the fourth tranche of its non-
brokered private placement (the "Offering") d escribed in its news release of May 9, 2019. In connection
with the fourth tranche closing of the Offering, the Company issued an aggregate of 1,284,316 flow
through units (the "FT Units") at a price of CDN$0.49 per FT Unit and an aggregate of 142,842 non-flow
through units (the "Units") at a price of CDN$0.35 per Unit for aggregate gross proceeds of
CDN$679,309.54.
Each Unit consists of one common share in the capital of the Company (a “Share”) and one -half of one
common share purchase warrant (each whole common share purchase warrant, a “W arrant”). Each FT
Unit consists of one flow -through Share and one -half of one Warrant. Each whole Warrant is exercisable
to acquire one Share at an exercise price of CDN$0.60 per Share until July 18, 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 to general working capital.
In connection with the fourth tranche of the Offering, the Company agreed to pay aggregate finder’s fees
of CDN$3,499.63 and 9,999 finder’s warrants. Each f inder’s warrant is exercisable to acquire one Share
in the capital of the Company at an exercise price o f CDN$0.60 per Share until July 18, 2021, which is 24
months from the date of issuance.
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 vi sit 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
[email protected] [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (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 the o ffering, 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”, “intend”, “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 guarante es of future performance or results, and will not necessarily be accurate indications 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 Co mpany management’s good faith
belief with respect to future events and is subject 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 therein. 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 obligatio n
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.