Trius Announces Shareholder Meeting Results and Name Change to TRU Precious Metals Corp.

Trius Announces Shareholder Meeting Results and Name Change to TRU

Precious Metals Corp.

FREDERICTON, New Brunswick, Oct. 16, 2020 -- Trius Investments Inc. (“Trius” or the “Company”) (TSXV:TRU) is pleased to

announce the results of its annual and special meeting of shareholders (the “Meeting”) held earlier today.

Shareholders approved all routine and special items of business, including electing each of the directors nominated by

management, namely Joel Freudman, Damian Lopez, Marisa Muchnik and Peter van Dijken.

As the shareholders of the Company have approved a name change, among other things, the Board has determined to change

the name of the Company to “TRU Precious Metals Corp.” Subject to TSXV approval, the new name is anticipated to take

effect next week. Trius’ common shares will continue to trade on the TSXV under the symbol “TRU” following the name

change.

Trius President and CEO Joel Freudman commented: “As we continue to invest in our Newfoundland Gold Exploration

portfolio, we’ve decided that a name change is in order to better reflect our evolving corporate focus.”

About Trius Investments Inc.

Trius seeks unique value-creation opportunities, currently increasing its exposure to the precious metals sector by assembling

a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. Trius’ common shares trade on the TSXV

under the symbol “TRU”.

Trius is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets

advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization

Canadian companies.

For further information, please contact:

Joel Freudman

President & CEO

Trius Investments Inc.

Phone: (647) 880-6414

Cautionary Statements Regarding Forward-Looking Information

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.

This press release contains certain forward-looking statements, including those relating to timing and completion of the

corporate name change. These statements are based on numerous assumptions that are believed by management to be

reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: TSXV

approval and those other risks described in the Company’s continuous disclosure documents. Actual results may differ

materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider

the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not

undertake to update any forward-looking statements herein except as required by applicable securities laws.