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TIG.V ·

Triumph Gold Issues Options

Corporate Updates

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 20, 2018 TSX.V: TIG

PR # 18-06 Frankfurt: 8N6

Triumph Gold Issues Options

Vancouver, British Columbia: July 20, 2018. Triumph Gold Corp. (TSX-V: TIG) ( “Triumph” or the

“Company”) is pleased to announce that pursuant to its stock option plan, the Company is issuing 800,000

options to officers and directors. The options are priced at $0.40 and are valid for a period of 5 years. The

stock options will vest 25% immediately, 25% after six months, 25% after twelve months and 25% after

eighteen months.

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.

+1 (604) 218-7400

[email protected]

Nancy Massicotte

IR Pro Communications Inc.

(604)-507-3377

[email protected]

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 Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information contained herein constitutes “forward -looking information” under Canadian securities

legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such

as “will”, or variations of such words and phrases or statements that certain actions, events or results “will” occur.

Forward-looking statements regarding the stock option grant are subject to known and unknown risks, uncertainties

and other factors that may cause the actual results, level of activity, perform ance or achievements of the Company

to be materially different from those expressed or implied by such forward -looking statements or forward -looking

information, including capital expenditures, natural resource prices and other costs. There can be no assurance that

such statements will prove to be accurate, as actual results and future events could differ materially from those

anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements

and forward -looking information. Triumph will not update any forward -looking statements or forward -looking

information that are incorporated by reference herein, except as required by applicable securities laws.