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Troubadour Resources Announces Adoption of New Omnibus Incentive Plan

Share Capital & Compensation

Troubadour Resources Inc.

TSX.V: TR

OTCQB: TROUF

troubadourresources.com

TROUBADOUR RESOURCES ANNOUNCES ADOPTION OF NEW OMNIBUS

INCENTIVE PLAN

Vancouver, British Columbia – July 4, 2025 – Troubadour Resources Inc. (TSXV: TR, OTCQB:

TROUF) (the “Company”) is pleased to announce that it has adopted a new omnibus incentive

plan (the “Omnibus Plan”), which was approved by shareholders at the Company’s Annual General

and Special Meeting held on April 16, 2025, pending final approval by the TSX Venture Exchange

(the “Exchange”). The Omnibus Plan received final approval from the Exchange on July 2, 2025.

The Omnibus Plan replaces the Company’s previous stock option plan and provides for the

issuance of incentive stock options as well as restricted share units (“RSUs”) to eligible directors,

officers, employees, and consultants. The Omnibus Plan includes a 10% rolling component for

stock options and a fixed component for RSUs, reserving up to 7,006,857 common shares for RSU

awards.

The adoption of the Omnibus Plan aligns the Company’s long -term incentive compensation

practices with current regulatory guidance and enhances its ability to attract and retain qualified

personnel by offering a broader range of equity-based incentives.

The Omnibus Plan remains subject to annual shareholder approval in accordance with Exchange

policies.

About Troubadour Resources Inc.

Troubadour Resources Inc. is a North American mineral acquisition and exploration company

focused on the development of quality critical mineral and precious metal properties that are drill-

ready with high-upside and expansion potential. Based in Vancouver , BC, Troubadour trades on

the TSX Venture Exchange under the symbol TR, on the OTCQB Market under the symbol

TROUF, and on the Frankfurt, Berlin and Tradegate Stock Exchanges under the symbol A3DBDE.

Troubadour’s flagship project is the Senneville Gold -Copper Project, situated in close proximity

to Val d’Or, Quebec, Canada . Comprised of 230 mineral claims totalling over 130 km 2, the

Senneville Project is located within the prolific Val d’Or Mining Camp between Probe Gold’s

McKenzie Break deposit (1,453,400 ounces Inferred) to the north , and the Probe’s Novador

Development Project to the south (6,405,000 ounces M&I and 1,550,200 ounces Inferred).

Note: Readers are cautioned that the geology of nearby properties is not necessarily indicative of

the geology of the Company's properties.

TROUBADOUR RESOURCES INC.

Zachary Kotowych

CEO and Director

(437) 855-4540

[email protected]

Neither 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.

Forward-looking statements:

This news release may include "forward -looking information" under applicable Canadian

securities legislation. Such forward-looking information reflects management's current beliefs and

are based on a number of estimates and/or assumptions made by and information currently

available to the Company that, while considered reasonable, are subject to known and unknown

risks, uncertainties, and other factors that may cause the actual results and future events to differ

materially from those expressed or implied by such forward -looking information. Readers are

cautioned that such forward -looking information are neither promises nor guarantees and are

subject to known and unknown risks and uncertainties including, but not limited to, gen eral

business, economic, competitive, political and social uncertainties, uncertain and volatile equity

and capital markets, lack of available capital, actual results of exploration activities,

environmental risks, future prices of base and other metals, o perating risks, accidents, labour

issues, delays in obtaining governmental approvals and permits, and other risks in the mining

industry.

The Company is presently an exploration stage company. Exploration is highly speculative in

nature, involves many risks, requires substantial expenditures, and may not result in the discovery

of mineral deposits that can be mined profitably. Furthermore, t he Company currently has no

reserves on any of its properties. As a result, there can be no assurance that such forward-looking

statements will prove to be accurate, and actual results and future events could differ materially

from those anticipated in such statements.