TRU.V · 2023-11-02 12:00:00

TRU Engages Professor Garth Earls As Project Evaluation Advisor

Corporate Updates

Toronto, Ontario –November 2, 2023 – TRU Precious Metals Corp. (TSXV:TRU) (“TRU” or the “Company”)

is pleased to announce that it has engaged Professor Garth Earls to support the Company’s Technical Committee

as its Project Evaluation Advisor. Professor Earls’ mandate is to develop a technically-oriented assessment of the

development potential of the Company’s gold-copper Golden Rose Project in central Newfoundland (“Golden

Rose”), as well as evaluating the technical and economic merit of other natural resources opportunities as they

arise.

Professor Earls has over 40 years of professional experience in mineral exploration and mining in Ireland and

internationally. He was part of the team that discovered the 6 million ounce Curraghinalt gold deposit in Northern

Ireland and has worked extensi vely on gold and base metal deposits and mineralization in Ireland and the UK.

He is a former Director of the Geological Survey of Northern Ireland, former Director of the CSA Group and a

past Chairman of the Geosciences Committee of the Royal Irish Acade my. He delivers the Economic Geology

course in University College Cork, Ireland. He is currently Executive Chairman of International Geoscience

Services.

Professor Earls’ relevant experience includes:

• Mineral exploration and mining in Ireland and UK, Europe, Africa, South America, North America,

Central and Eastern Asia;

• Gold and base metals exploration and development appraisal, including Competent Person (Qualified

Person) reporting; and

• Directorships and governance roles in a range of public and private companies and organizations.

Joel Freudman, TRU’s Co-Founder & CEO, commented, “We are honoured to welcome an expert of Garth’s

calibre to our roster, to support and advise our board of directors’ Technical Committee. While the Company just

published a National Instrument 43-101 report which consolidates the work to-date on Golden Rose, Professor

Earls will provide a broader future-oriented assessment of the discovery potential of our growing number of

prospective exploration targets at Golden Rose , and a roadmap for the most effective development of these

prospects. In addition, Professor Earls’ expertise will be invaluable in evaluating other opportunities that may

arise given difficult overall mining market conditions, as we are cognizant that we may be able to leverage our

treasury to increase shareholder value. We look forward to working closely with Garth as we continue to uncover

the potential of Golden Rose and enhance TRU’s overall valuation.”

Professor Earls’ services will be provided under a Technical Services Agreement between TRU and its strategic

investor and controlling shareholder Ormonde Mining plc (AQSE:ORM) , which agreement was considered and

approved by TRU’s disinterested directors.

Acknowledgement

TRU would like to thank the Government of Newfoundland and Labrador for financial support through the Junior

Exploration Assistance Program and the Federal Government for its critical mineral assistance funding for the

exploration activities at the Golden Rose Project.

About TRU Precious Metals Corp.

TRU (TSXV:TRU) is on a mission to build long-term shareholder value through prudent natural resource property

development and transactions. TRU is exploring for gold and copper in the highly prospective Central

Newfoundland Gold Belt on its 100% -owned Golden Rose Project, originally optioned from TSX -listed Altius

Minerals. Golden Rose is a regional -scale 264.25 km 2 land package, including a recently discovered 20 km

district-scale structure, and an additional 45 km of strike length along the deposit -bearing Cape Ray - Valentine

Lake Shear Zon e, directly between Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray

Gold Project. In addition, TRU has an option to acquire up to an aggregate 65% ownership interest in two claim

packages covering 33.25 km2 including a 12 km strike length along the Shear Zone within Golden Rose . TRU is

approximately 36%-owned by European strategic investor Ormonde Mining plc (AQSE:ORM).

TRU 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 companies listing on Canadian stock exchanges. For more information on Resurgent and its

portfolio companies, please visit Resurgent’s website at https://www.resurgentcapital.ca/ or follow Resurgent on

LinkedIn at https://ca.linkedin.com/company/resurgent-capital-corp.

For further information about TRU, please contact:

Joel Freudman

Co-Founder & CEO

TRU Precious Metals Corp.

Phone: 1-855-760-2TRU (2878)

Email: [email protected]

To connect with TRU via social media, below are links:

Twitter: https://twitter.com/corp_tru

LinkedIn : https://www.linkedin.com/company/tru-precious-metals-corp

YouTube : https://www.youtube.com/channel/UCHghHMDQaYgS1rDHiZIeLUg/

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 press release contains certain forward -looking statements, including those relating to exploration plans at

Golden Rose, expected contributions of Professor Earls, and future transaction opportunities . These statements

are based on numerous assumptions regarding Golden Rose, the Company’s exploration plans, and corporate

strategy that are believed by management to be reasonable in the circumstances, and are subject to a number of

risks and uncertainties, including without limitation: mineralization hosted on adjacent and/or nearby properties

is not necessarily indicative of mineral ization hosted on Golden Rose; the exploration potential of Golden Rose

and the nature and style of mineralization at Golden Rose ; risks inherent in mineral exploration activities;

challenges in identifying suitable transactions, and transaction execution risks; volatility in precious metals prices,

financial market conditions, and economic conditions ; 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.

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