Troilus Announces Agm Results
TROILUS ANNOUNCES AGM RESULTS
December 15, 2021, Toronto, Ontario – Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or
the “Company”), reports, in accordance with the policies of the Toronto Stock Exchange, that the
nominees listed in the Management Information Circular dated November 8, 2021 for the Annual
General Meeting of Shareholders of the Company (the “Meeting”) were elected as directors of the
Company. Over 43% of all of the issued and outstanding shares of the Company were represented at the
Meeting.
Detailed results of the vote for the election of directors held at the Meeting on December 15, 2021 in
Toronto, Ontario are set out below.
The shareholders approved the election as directors of the persons listed below, based on the following
vote.
Board of Director
Nominees
% Votes For % Votes Withheld
Justin Reid 99.95 0.05
Diane Lai 99.97 0.03
Hon. Pierre Pettigrew 99.76 0.24
Jamie Horvat 99.9 0.1
Tom Olesinski 99.9 0.1
Eric Lamontagne 99.76 0.24
John Hadjigeorgiou 99.7 0.3
Shareholders at the annual meeting also approved the appointment of the Company's auditors.
Mr. Andrew Cheatle did not stand for re-election as a director and ceased to be a director effective
December 15, 2021. Troilus thanks Mr. Cheatle for his time, service, and contributions during his tenure.
Troilus’ board would also like to express its gratitude to its shareholders for their continued support.
Troilus Gold Corp. is a Canadian-based junior mining company focused on the systematic advancement
and de-risking of the former gold and copper Troilus Mine towards production. From 1996 to 2010, the
Troilus Mine produced +2 million ounces of gold and nearly 70,000 tonnes of copper. Troilus is located
in the top-rated mining jurisdiction of Quebec, Canada, where is holds a strategic land position of 1,420
km² in the Frôtet-Evans Greenstone Belt. Since acquiring the project in 2017, ongoing exploration
success has demonstrated the tremendous scale potential of the gold system on the property with
significant mineral resource growth. The Company is advancing engineering studies following the
completion of a robust PEA in 2020, which demonstrated the potential for the Troilus project to become
a top-ranked gold and copper producing asset in Canada. Led by an experienced team with a track-
record of successful mine development, Troilus is positioned to become a cornerstone project in North
America.
For more information:
Caroline Arsenault
VP Corporate Communications
+1 (647) 407-7123
Cautionary statements
This press release contains “forward-looking information” within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, but is not limited to, statements regarding,
the impact of the results on the Company and the receipt of any required regulatory approvals.
Generally, forward-looking statements can be identified by the use of forward- looking terminology such
as “plans”, “expects” or “does not expect”, “is e xpected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “continue”, “anticipates” or “does not anticipate”, or “believes”, or variations of
such words and phrases or statements that certain actions, events or results “may”, “could”, “would”,
“will”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are made based
upon certain assumptions and other important facts that, if untrue, could cause the actual results,
performances or achievements of Troilus to be materi ally different from future results, performances or
achievements expressed or implie d by such statements. Such statements and information are based on
numerous assumptions regarding present and future business strategies and the environment in which
Troilus will operate in the future. Certain important factors that could cause actual results, performances
or achievements to differ materially from those in the forward- looking statements include, amongst
others, currency fluctuations, the global economic clim ate, dilution, share price volatility and
competition. Fo rward-looking statements ar e subject to known and unknown risks, uncertainties and
other important factors that may cause the actual results, level of activity, performance or achievements
of Troilus to be materially different from those expressed or implied by such forward-looking statements,
including but not limited to: the impact the COVID 19 pandemic may have on the Company’s activities
(including without limitation on its employees and suppliers ) and the economy in general; the impact of
the recovery post COVID 19 pandemic and its impact on gold and other metals; there being no
assurance that the exploration program or programs of the Company will result in expanded mineral
resources; risks and uncertainties inherent to mineral resource estimates; the high degree of
uncertainties inherent to preliminary economic assessments and other mining and economic studies
which are based to a significant extent on various assumptions; variations in gold pr ices and other
precious metals, exchange rate fluctuation s; variations in cost of su pplies and labour; receipt of
necessary approvals; general business, economic, competitive, political and social uncertainties; future
gold and other metal prices; accidents, labour disputes and shortages; environmental and othe r risks of
the mining indus try, including without limitation, risks and uncertainties discussed in the Technical
Report and in other continuous disclosure documents of the Company available under the Company’s
profile at www.sedar.com. Although Troilus has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward- looking statements, there may be
other factors that cause results not to be as anticipated, estimated or intended. 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. Troilus do es not undertake to update any forward- looking
statements, except in accordance with applicable securities laws.