Troubadour Resources Announces Non-Brokered Private Placement
Troubadour Resources Inc.
TSX.V TR
troubadourresources.com
+1-437-855-4540
TROUBADOUR RESOURCES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia / February 18 , 2026 – Troubadour Resources Inc. (“TR”,
“Troubadour” or, the “Company”) (TSXV:TR) (OTC:TROUF) (FSE: 2QD0, WKN: A3DBDE) is
pleased to announce a non-brokered private placement offering of up to 150,000,000 units at a
price of $0.02 per unit (each, a “ Unit”) for gross proceeds of up to $3,000,000.00 (the “ Private
Placement”).
The Units will consist of one common share of the Company (each, a “Common Share”) and one
common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof
to purchase one additional Common Share of the Company at an exercise price of $0. 025 per
share for a period of twenty-four (24) months from the date of issuance. The Company intends to
use the net proceeds raised from the Private Placement for general corporate and administrative
purposes.
The Company also announced a non-brokered private placement of flow-through units (each, a
"FT Unit") for aggregate gross proceeds of up to $ 600,000 (the " FT Private Placement " and,
together with the Private Placement, the “ Offerings”). The FT Private Placement will consist of
up to 24,000,000 FT Units at a price of $0.025 per FT Unit. Each FT Unit will be comprised of one
Common Share of the Company issued on a flow-through basis (a "Flow-Through Share") and
one Common Share purchase warrant (a "FT Warrant"). Each FT Warrant will entitle the holder
thereof to purchase one additional Common Share of the Company at an exercise price of $0.025
per share for a period of twenty-four (24) months from the date of issuance.
The gross proceeds from the sale of the Flow -Through Shares will be used by the Company to
incur eligible "Canadian exploration expenses" that will qualify as "flow -through mining
expenditures" as such terms are defined in the Income Tax Act ( Canada), to be renounced to
subscribers with an effective date no later than December 31, 2027.
Closing of the Offerings is subject to receipt of all required regulatory approvals, including
acceptance of the TSX Venture Exchange (the “TSXV”). All securities issued under the Offerings
will be subject to a statutory hold period of four months and one day in accordance with applicable
securities laws and the policies of the TSXV. In connection with the Offerings, the Company may
pay finders fees.
The securities issued under the Offering have not been, and will not be, registered under
the United States Securities Act of 1933, as amended, and may not be offered or sold in
the United States or to U.S. persons absent registration or an applicable exem ption. This
news release does not constitute an offer to sell or a solicitation of an offer to buy
securities in any jurisdiction where such offer or sale would be unlawful.
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, the OTC Markets under the symbol TROUF,
and on the Frankfurt, Berlin and Tradegate Stock Exchanges under the symbol 2QD0/WKN:
A3DBDE.
TROUBADOUR RESOURCES INC.
Zachary Kotowych, CEO and Director
For more information, please email Zachary Kotowych at [email protected] or call (437)
855 - 4540
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 pro mises nor guarantees and are
subject to known and unknown risks and uncertainties including, but not limited to, general
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, operating 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.