Triumph GOLD Provides Update ON Private Placement
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 29, 2019 TSX.V: TIG
OTCMKTS: TIGCF
Frankfurt: 8N61
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.
TRIUMPH GOLD PROVIDES UPDATE ON PRIVATE PLACEMENT
Vancouver, British Columbia – May 29, 2019 -- Triumph Gold Corp. ("Triumph Gold" or the “Company”)
(TSX Venture Exchange: TIG) announces that further to its news release of May 15, 2019, Triumph Gold
is proceeding with the second tranche of its non- brokered private placement. As described in its news
release of May 9, 2019, Triumph Gold is offering on a private placement basis up to 6,150,000 non- flow
through units (the “NFT Units”) at a price of CDN$0.35 per N FT Unit and up to 7,757,000 flow -through
units (the “FT Units”) at a price of CDN$0.49 per F T Unit , for aggregate gross proceeds of up to
CDN$5,953,430 (the "Offering").
Each NFT 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 “Warrant”). Each
FT Unit consists of one flow -through Share and one- half of one Warrant. Each whole Warrant will be
exercisable to acquire one Share at an exercise price of CDN$0.60 per Share for a period of 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 second tranche of the Offering, t he Company may pay fin der’s fees on a portion of
the O ffering, subjec t to compliance with the policies of the TSX Venture Exchange and applicable
securities legislation.
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. Additional resale restrictions and legends may apply in the United States and
other jurisdictions.
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
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
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
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 statements” (collectively, “forward- looking information”). Without limiting the foregoing, such
forward-looking information includes statements regarding the process and completion of the offeri ng, the
use of proceeds of the offering and any statements regarding the Company’s business plans,
expectations and objec tives. 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 guarantees 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 Company 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 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.