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Troilus Provides Update on its 2024 Annual General Meeting Materials amid Canada Post Strike

Shareholder Meetings

Troilus Provides Update on its 2024 Annual General Meeting Materials amid

Canada Post Strike

November 27, 202 4 – Montréal, Québec – Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG,

OTCQX: CHXMF; FSE: CM5R) announces that due to the ongoing postal strike in Canada (the “Strike”), it

has sent (via courier) , to all registered Troilus shareholders, its management information circular (the

“Circular”) and related materials for the annual general meeting (the “Meeting”) of Troilus shareholders,

to be held at 11:00 a.m. (Toronto time) on Thursday, December 12, 2024, at 36 Lombard Street, Suite 400,

Toronto ON, M5C 2X3. The Circular along with related meeting materials (“Meeting Materials”) may be

viewed on the Company’s SEDAR+ profile at www.sedarplus.ca and on the Company’s website at

www.troilusgold.com/investors/agm/.

The purpose of the Meeting is to receive and consider the audited annual financial statements, to re -

appoint McGovern Hurley LLP as auditor of the Company and to authorize the directors to fix their

remuneration, to elect the directors for the ensuing year, and to consider other business as may properly

come before the Meeting or any postponement(s) or adjournment(s) thereof.

To facilitate the delivery of the Meeting Materials to non-registered shareholders in the event that the

Strike or related events prevent, delay, or otherwise interrupt delivery of the Meeting Materials in Canada,

Troilus will deliver, by email, a copy of the Meeting Materials to each registered or non-registered Company

Shareholder who so requests (please direct any requests for copies of the Circular and related materials

for the Meeting to: [email protected]).

Objecting Beneficial Owners are encouraged to contact the proxy department at their broker or other

intermediary (where their common shares are held) who can assist them with the voting process.

Objecting Beneficial Owners must follow the voting instructions provided by their broker or other

intermediary and will need their specific 16-digit control number to vote via www.voteproxyonline.com.

Non-Objecting Beneficial Owners are encouraged to contact TSX Trust Company at [email protected] to

obtain their 12 digit online voting control number. Note that you must vote your common shares by proxy

no later than (i) 11:00 a.m. (Toronto time) on Tuesday, December 10, 2024; or (ii) no later than 48 hours

(excluding Saturdays, Sundays and holidays) before any adjourned or postponed Meeting.

Late proxies may be accepted or rejected by the Chair of the Meeting at his discretion, and the Chair is

under no obligation to accept or reject any particular late proxy.

All Beneficial Owners will have their Meeting Materials mailed by Canada Post following the culmination

of the Strike and its related events.

For assistance, registered shareholders and NOBO holders can also contact TSX Trust: Tel: 1-866-600-5869

or Email: [email protected]

The Company’s audited annual financial statements for the year ended July 31, 2024 and the

corresponding annual management’s discussion and analysis may also be viewed on the Company’s

SEDAR+ profile at www.sedarplus.ca . Copies are available upon request.

Shareholders and/or their appointees may listen to the Meeting by way of conference call however votes

cannot be cast on the conference call. Conference Call details as follows:

TOLL FREE: (U.S. and Canada): 1-866-261-6767

International: +1 (416) 850-2050

Participant Code: 8442490

About Troilus Gold Corp.

Troilus Gold 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) 407-7123

[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. 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

expected", "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".

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

assurance that such expectations will prove to be correct. 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 of the global economy, market fluctuations, the discretion of the

Company in respect to the use of proceeds discussed above, any exercise of termination by counterparties

under applicable agreements, the Company ’s inability to obtain any necessary permits, consents or

authorizations required for its activities, to produce minerals from its properties successfully or profitably,

to continue its projected growth, 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.