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TTG.V ·

Trans Canada GOLD Reports Voting Results from the 2022 Annual General Meeting

Shareholder Meetings

TRANS CANADA GOLD CORP.

c/o Suite 1200 - 750 West Pender Street ∙ Vancouver ∙ British Columbia ∙ V6C 2T8

Telephone: (604) 681-3131

NEWS RELEASE

December 20TH, 2022 TSX-V Trading Symbol: TTG

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TRANS CANADA GOLD REPORTS VOTING RESULTS FROM THE 2022 ANNUAL GENERAL MEETING

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VANCOUVER, B.C. – TRANS CANADA GOLD CORP. (TSX-V: TTG) (“Trans Canada” or the “Company”) is

pleased to announce the voting results from the Company’s Annual Meeting of shareholders held on

December 19, 2022 (the “Meeting”). A total of 15,226,018 common shares or 4 4.37% of the common

shares were voted in favor of the election of all director nominees. The percentage of votes cast for each

is as follows.

Total Votes cast: Votes For:

Tim Coupland 15, 226,018 99.47 %

Lawrence Ilich 15, 226,018 99.47 %

Gavin Kirk 15, 226,018 99.47 %

The re-appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, was

also approved by the shareholders.

The Company further announces that its shareholders have approved the Company’s amended 10%

rolling stock option plan at the Meeting . The principal amendments to the stock option plan ensure

compliance with the revised Policy 4.4 of the TSX Venture Exchange (“TSXV”) and include: (i) that share

capital adjustments are subject to the prior approval of the TSXV, except where they relate to share

consolidations or splits; and (ii) disinterested shareholder approval is required for any extension to stock

options granted to individuals that are insiders at the time of the proposed amendment.

The maximum number of common shares which may be issued under the stock option plan is 10% of the

Company’s issued and outstanding share capital at the date of grant. The stock option plan has a

“rolling” limit, as the number of common shares reserved for issuance pursuant to the grant of stock

options will automatically increase as the Company’s issued and outstanding share capital increases. The

limit includes outstanding stock options previously granted.

TRANS CANADA GOLD PROJECT– THE DINORWIC GOLD PROPERTY

The Company’s current district scale gold property, the Trans-Canada Gold Property consists of 741 non-

surveyed contiguous mineral cell claims totaling 14,880 hectares located within the Kenora Mining

Division of Ontario. The property is located within the Wabigoon Greenstone Belt, which also contains

the Thunder Lake Gold deposit and the Goldlund Gold Deposit. The Property contains a number of large

shear zones containing quartz carbonate veins, pyrite and arsenopyrite, underlain by mafic volcanics

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with felsic volcanics in the south. There is a large regional scale iron carbonate alteration within the

property, which is considered to be similar to that of the Red Lake Mining Camp. The regional scale

Carbonate alteration within the property associated with shear zones within iron- tholeiite are prime

targets for gold exploration. The property has excellent access, with the Trans-Canada highway bisecting

multiple high priority targets in a north-south direction, as well as close proximity to the large community

of Dryden, Ontario. The property has access to first class infrastructure, with close proximity to a number

of rail corridors and power lines. A number of gold exploration targets have been identified within the

property based on their association with regional alteration, known gold showings, shear zones, complex

patterns and offsets in the regional magnetic map as well as spatial association with regional structures

that has the potential to be well endowed with gold mineralization.

Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined by Nati onal Instrument 43 -101, has

reviewed and approved of the technical information disclosed in the news release.

ABOUT TRANS CANADA GOLD – GOLD MINERAL EXPLORATION/ OIL AND GAS PRODUCTION

The Company is a Canadian Gold and Mineral exploration and Oil & Gas Resource Development Company

that is currently focused on developing its’ District Scale Gold exploration projects in Ontario and

Newfoundland, and increasing its production capabilities, obtaining potential future oil production

revenues. The Company identifies, acquires and finances the acquisition of gold exploration properties

and the ongoing development of mining and oil and gas assets primarily situated in Canada, a time -

honored safe mineral exploration jurisdiction. The Company is currently reviewing a number of District

Scale gold mineral exploration property opportunities, and identifying low risk exploration opportunities

through selective acquisitions and development of mining exploration assets situated in these favorable

resource jurisdictions. The Company has qualified Senior exploration management and Geological Mining

teams of professionals, seasoned in exploration production, field exploration and drilling. The Company

has the necessary manpower in place to develop its natural resource p roperties and manage its

production properties. The Company is committed to minimizing risk through the selective property

acquisitions, and responsible exploration and development of mining, and petroleum and natural gas

resource assets.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO

Arctic Hunter Energy Inc.

Tel: (604) 681-3131

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the

Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.