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Troilus Announces Completion of NAME Change to Troilus Mining Corp. and Annual & Special Meeting Results

Shareholder Meetings Corporate Actions

TROILUS ANNOUNCES COMPLETION OF NAME CHANGE TO TROILUS MINING CORP. AND

ANNUAL & SPECIAL MEETING RESULTS

December 5, 2025 – Montréal, Québec – Troilus Mining Corp., formerly Troilus Gold Corp., (“Troilus” or

the “Company”, TSX: TLG, OTCQX: CHXMF; FSE: CM5R) is pleased to announce that it has completed its

name change from Troilus Gold Corp. to Troilus Mining Corp. and « Corporation minière Troilus »

in French, following receipt of shareholder approval at its Annual and Special Meeting of

Shareholders held on December 4, 2025 (the “Meeting”).

The name change is intended to better reflect the Company’s expectations with respect to the full scope

of future metals production at the Troilus Project, including copper, gold, and silver, and to align with the

Company’s transition from exploration to development and construction of a critical minerals asset of

strategic importance to Québec and Canada.

Subject to completing all required filings, the common shares of Troilus are expected to commence

trading under the Co mpany’s new name on the Toronto Stock Exchange at the start of trading on

December 10, 2025. The Company’s common shares will continue to trade under the ‘TLG’ ticker symbol

on the Toronto Stock Exchange. The new CUSIP number for the Troilus common shares will be

89688V103.

Warrants of the Company expiring October 18, 2026 will be assigned new CUSIP number 89688V111.

In addition to the Name Change, in accordance with the policies of the Toronto Stock Exchange, the

Company is pleased to announce that all nominees listed in the Management Information Circular

dated October 22, 2025, were elected as directors of the Company at the Meeting. Over 55% of the

Company’s issued and outstanding shares were represented at the Meeting.

The shareholders approved the election of the following individuals as directors of the Company, based

on the following vote:

Board of Director Nominees % Votes For % Votes Withheld

Justin Reid 98.8 1.2

Diane Lai 88 12

Hon. Pierre Pettigrew 99.9 0.1

Tom Olesinski 88.3 11.7

Chantal Lavoie 99.7 0.3

Brigitte Berneche 99.9 0.1

Francois Biron 99.7 0.3

Shareholders also approved the appointment of Deloitte LLP as the Company’s auditors for the ensuing

year.

Troilus’ Board of Directors expresses their gratitude to all shareholders and stakeholders for their

continued support.

About Troilus Mining Corp.

Troilus Mining Corp. is a Canadian development-stage mining company focused on the systematic

advancement of the former gold and copper Troilus Mine towards production. Troilus is located in the

tier-one mining jurisdiction of Quebec, Canada, where it holds a large land position of 435 km² in the

Frôtet-Evans Greenstone Belt. A Feasibility Study completed in May 2024 supports a large-scale 22-year,

50ktpd open-pit mining operation, positioning it as a cornerstone project in North America.

For more information:

Caroline Arsenault

VP Corporate Communications

+1 (647) 276-0050

[email protected]

Cautionary Note Regarding Forward-Looking Statements and Information

This press release contains forward-looking statements and forward-looking information (collectively,

“forward-looking statements”) within the meaning of applicable securities laws. Such forward-looking

statements include, without limitation, statements regarding the future business of the Company, its

transition from exploration to development and construction of a critical minerals asset of strategic

importance to Québec and Canada, and the expected metals production and capacity of the Project.

Although the Company believes that such forward-looking statements are reasonable, it can give no

assurance that such expectations will prove to be correct. Forward-looking statements are typically

identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar

expressions, or are those, which, by their nature, refer to future events. The Company cautions investors

that any forward-looking statements by the Company are not guarantees of future results or

performance, and that actual results may differ materially from those in forward-looking statements as a

result of various factors and risks, including, uncertainties with respect to obtaining all regulatory

approvals to complete the name change, uncertainties of the global economy, market fluctuations, the

Company’s inability to (i) obtain any necessary permits, consents or authorizations required for its

activities, (ii) to produce minerals from its properties successfully or profitably, (iii) to continue its

projected growth, and (iv) to raise the necessary capital or to be fully able to implement its business

strategies and other risks identified in its disclosure documents filed at www.sedarplus.ca. This press

release is not, and is not to be construed in any way as, an offer or recommendation to buy or sell

securities in Canada or in the United States.

Although the Company believes the expectations expressed in such forward-looking statements are

based on reasonable assumptions, such statements are not guarantees of future performance and actual

events, results and/or developments may differ materially from those in the forward-looking statements.

Readers should not place undue reliance on the Company's forward-looking statements. The Company

does not undertake to update any forward-looking statement that may be made from time to time by the

Company or on its behalf, except in accordance with and as required by applicable securities laws.