Troubadour Announces Share Consolidation
Troubadour Resources Inc. TSX.V TR
troubadourresources.com
437-855-4540
Troubadour Announces Share Consolidation
Vancouver, British Columbia / March 27 2026 – Troubadour Resources Inc. (“Troubadour” or the
“Company”) (TSXV:TR) (OTC:TROUF) (FSE: 2QD0, WKN: A3DBDE) announces that its board of directors has
approved the implementation of a consolidation of the Company’s issued and outstanding common shares
on the basis of ten (10) pre -consolidation common shares for one (1) post -consolidation common share
(the “Consolidation”). The Consolidation was approved by shareholders at the Company’s annual general
and special meeting held on March 11, 2026.
As of the date hereof, the Company has 70,068,574 common shares issued and outstanding. Following
completion of the Consolidation, the Company expects to have approximately 7,006,857 common shares
issued and outstanding, subject to rounding. The effective date and record date of the proposed
Consolidation will be announced upon final approval from the TSX Venture Exchange (the “TSXV”).
No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the
Consolidation will be rounded down to the nearest whole share without compensation. The exercise or
conversion price, and the number of Common Shares issuable under any of the Company’s outstanding
convertible securities, will be proportionately adjusted upon the effectiveness of the Consolidation
The Company’s transfer agent, Endeavor Trust Corporation, will act as the exchange agent for the
Consolidation. The Company will provide additional information regarding the new CUSIP number for the
post-consolidation shares once it has been assigned.
Following completion of the Share Consolidation, the Company's common shares will continue to trade
on the TSXV under the symbol "TR."
Completion of the Consolidation remains subject to final approval of the TSXV.
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 Venture Market 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” within the meaning of applicable Canadian
securities legislation. Such forward-looking information reflects management’s current beliefs and is based
on a number of estimates and 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 actual results and future events to differ materially from those expressed or implied
by such forward-looking information. Forward-looking information in this news release includes, but is not
limited to, statements regarding the proposed consolidation of the Company’s common shares, the
anticipated record date and timing of the co nsolidation, and the receipt of all necessary approvals,
including approval of the TSX Venture Exchange.
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 general business,
economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets,
the risk that required regulatory approvals may not be obtained or may be delayed, the risk that the
proposed consolidation may not be completed as anticipated or at all, and other risks inherent i n the
mining exploration 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 suc h
statements. Accordingly, readers should not place undue reliance on forward -looking information. The
Company disclaims any intention or obligation to update or revise any forward -looking information
contained herein, except as required by applicable securities laws.