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TSG.V ·

TriStar Gold Upgraded to Trading on the OTCQX Market in the United States

Listings & Exchange

TriStar Gold Upgraded to Trading on the

OTCQX Market in the United States

Scottsdale, Arizona--(Newsfile Corp. - August 25, 2020) -

TriStar Gold Inc. (TSXV: TSG) (OTCQX:

TSGZF)

(the "Company" or "TriStar") is pleased to announce that its common shares have qualified to

trade on the OTCQX® Best Market upgraded from the OTCQB® Venture Market. The shares will trade

on the OTCQX under the ticker symbol

TSGZF

and will commenced trading,

August 25, 2020

.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To

qualify for OTCQX, companies must meet high financial standards, follow best practice corporate

governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX

Market from the OTCQB Market marks an important milestone for companies, enabling them to

demonstrate their qualifications and build visibility among U.S. investors.

"This upgrade to the OTCQX will make trading of shares in TriStar much easier for US based investors,"

stated Mr. Nick Appleyard, President and CEO. "The timing couldn't be better as we are expecting two

drill rigs to arrive at Castelo de Sonhos in September to complete the pre-feasibility study drilling and

start the exploration upside drilling program.

These drill programs mark the start of a period of intense

activity and news flow which will benefit greatly from the increased visibility of the OTCQX Market."

About TriStar:

TriStar Gold is an exploration and development company focused on precious metals properties in the

Americas that have the potential to become significant producing mines. The Company's current flagship

property is Castelo de Sonhos in Pará State, Brazil. The Company's shares are listed on the TSX

Venture Exchange under the symbol TSG and trade on the OTCQX under the symbol

TSGZF

. Further

information is available at

www.tristargold.com

.

For further information, please contact:

TriStar Gold Inc.

Nick Appleyard

President and CEO

480-794-1244

[email protected]

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. No stock exchange, securities commission or other regulatory authority has approved or

disapproved the information contained herein.

Forward-Looking Statements

Certain statements contained in this press release may constitute forward-looking statements under

Canadian securities legislation which are not historical facts and are made pursuant to the "safe

harbour" provisions under the United States Private Securities Litigation Reform Act of 1995.

Generally, forward-looking information can be identified by the use of forward-looking terminology

such as "expects" or "it is expected", or variations of such words and phrases or statements that

certain actions, events or results "will" occur. Forward looking statements in this press release include

statements regarding the Company's access to a new market, the expansion of the Company's public

relations efforts into the U.S., the initial, and continued, trading of the Common Shares on the OTCQX

and any potential increase in the liquidity of the Common Shares that may result therefrom. Such

forward-looking statements are based upon the Company's reasonable expectations and business

plan at the date hereof, which are subject to change depending on economic, political and competitive

circumstances and contingencies. Readers are cautioned that such forward-looking statements

involve known and unknown risks, uncertainties and other factors that may cause a change in such

assumptions and the actual outcomes and estimates to be materially different from those estimated

or anticipated future results, achievements or position expressed or implied by those forward-looking

statements. Risks, uncertainties and other factors that could cause the Company's plans to change

include changes in demand for and price of gold and other commodities (such as fuel and electricity)

and currencies; changes or disruptions in the securities markets; legislative, political or economic

developments in Brazil; the need to obtain permits and comply with laws and regulations and other

regulatory requirements; the possibility that actual results of work may differ from

projections/expectations or may not realize the perceived potential of the Company's projects; risks of

accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or

interruptions; the possibility of cost overruns or unanticipated expenses in development programs;

operating or technical difficulties in connection with exploration, mining or development activities; the

speculative nature of gold exploration and development, including the risks of diminishing quantities

of grades of reserves and resources; and the risks involved in the exploration, development and

mining business. Although management of the Company has attempted to identify important factors

that could cause actual results to differ materially from those contained in forward-looking statements

or forward-looking information, there may be other factors that cause results not to be as anticipated,

estimated or intended. The Company disclaims any intention or obligation to update or revise any

forward-looking statements whether as a result of new information, future events or otherwise, except

as required by applicable securities laws.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/62493