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TRU Precious Metals Property Purchase Update

Corporate Updates

TRU PRECIOUS METALS PROPERTY PURCHASE UPDATE

Fredericton, New Brunswick – October 26, 2020 – TRU Precious Metals Corp. (formerly Trius

Investments Inc.) (TSXV: TRU) (“TRU” or the “Company”) announces that it has terminated its mineral

property acquis ition agreement relating to certain claims in Toogood Arm, Newfoundland, which was

initially announced on September 24, 2020. In connection, certain individuals are ceasing their roles as

property advisors to the Company, as had been originally announced on October 1, 2020.

About TRU Precious Metals Corp.

TRU seeks uniq ue value -creation opportunities, and is currently assembling a portfolio o f gold

exploration properties in the Central Newfoun dland Gold Belt. The Company’s common shares trade on

the TSXV under the symbol “TRU”.

TRU is a p ortfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing

venture capital markets adv isory services and propriet ary financing. Resurgent works with pro mising

public and pre-public micro-capitalization Canadian companies.

For further information, please contact:

Joel Freudman

Co-Founder, President & CEO

TRU Precious Metals Corp.

Phone: (647) 880-6414

Website: www.trupreciousmetals.com

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.