Troubadour to Acquire 100% Ownership of High-Grade Monarch Uranium Property
488 – 625 Howe St.
Vancouver, BC
V6C 2T6, Canada
604.681.0221
www.troubadourresources.com
TSXV : TR | OTCQB: TROUF
Troubadour to Acquire 100% Ownership of High-Grade Monarch Uranium
Property
Vancouver, British Columbia, Canada, November 27th, 2023 – TROUBADOUR RESOURCES INC. (the
“Company") (TSX VENTURE: TR) (OTCQB: TROUF) is pleased to announce the 100% acquisition of the
High-Grade Monarch Uranium Property in the Thelon Basin, Nunavut.
Blake Morgan, Director of the Company states, “This property marks a major turn of events for TR. With
Uranium at near all-time highs and a new multi-million dollar staking rush happing all around the region,
we have stamped our mark and made the move. With some of the highest-grade Uranium ever found
on this asset, we will push the boundaries of new technologies and move towards a major discovery. We
will leverage $1,000,000 in previous exploration to rapidly generate advanced targets and the team will
have more information regarding this asset coming soon”.
Terms of Acquisition
The Company has entered into an arm’s length purchase and sale agreement to acquire 100% ownership
of the Monarch Uranium Property for 5,500,000 common shares and a cash payment of $35,000 upon
closing.
About the Monarch Uranium Property
• A significant boulder field has been previously defined, with high values of Uranium discovered
on the property.
• Sits stratigraphically above the unconformity between the Thelon Basin and the underlying
metasediments basement.
• The intersection of reactivated faults and unconformities is highly prospective for uranium
deposits as seen in properties like Cigar Lake, Key Lake.
About Troubadour
TROUBADOUR RESOURCES INC. (TSX.V: TR) (OTCQB: TROUF) is a public Canadian mining exploration
company focused on copper and gold in British Columbia, Canada. The Company is managed by an
experienced team consisting of youthful and seasoned professionals with proven track records as mine
finders. The Texas gold property diversifies the Company’s commodity focus and compliments
Troubadour’s Amarillo copper project located 10 km south of the past-producing Brenda Mine in
southern BC and 35 km east of Kodiak Copper’s MPD discovery.
488 – 625 Howe St.
Vancouver, BC
V6C 2T6, Canada
604.681.0221
www.troubadourresources.com
TSXV : TR | OTCQB: TROUF
For further information please contact:
Troubadour Resources Inc.
625 Howe Street, Suite 488
Vancouver, BC V6C 2T6
Geoff Schellenberg, President
Office: (604) 681-0221
Forward Looking Information
Except for historical info rmation contained herein, thi s news release contains forward -looking statements that
involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable
securities laws, the Company will not update these forward -looking statements to reflect events or circumstances
after the date hereof. More detailed information about potential factors that could affect financial results is
included in the documents filed fro m time to time with the Cana dian securities regulatory authorities by the
Company. Readers are cautioned not to place undue reliance on forward looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.