Troy Energy Corp. Announces Extension of $1M Equity Financing

Vancouver, B.C., Canada June 13, 2018

NEX Symbol: TEG.H

NEWS RELEASE

TROY ENERGY CORP. ANNOUNCES EXTENSION OF

$1M EQUITY FINANCING

Troy Energy Corp. (the "Corporation" or "Troy") is pleased to report that its previously

announced private placement equity financing for gross proceeds of up to $1,000,000 is ongoing.

The financing consist s of the offering of up to $400,000 of units (each, a "Unit") at a price of

$0.10 per Unit and up to $600,000 of flow -through shares at a price of $0.15 per flow -through

share. Each Unit will be comprised of one common share and one -half of one common share

purchase warrant, with each whole warrant entitling the holder thereof to acquire one common

share at a price of $0.25 for a period of two (2) years from the date of issuance. The proceeds

from this private placement will be used for exploration work on the Corporation's 3,231 hectare

Yellowknife Gold Belt mineral property centered 75 kilometres north of Yellowknife and for

general working capital purposes.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information

contained herein constitutes forward-looking statements. Forward-looking statements are based

on the opinions and estimates of management at the date the statements are made, and are

subject to a variety of risks and uncertainties and other factors that could cause actual events or

results to differ materially from those projected in the forward -looking statements. The

Corporation undertakes no o bligation to update forward -looking statements if circumstances or

management's estimates or opinions should change. The reader is cautioned not to place undue

reliance on forward-looking statements.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Richard Wingate

President and Chief Executive Officer,

Phone: (306) 229-5029

James Owen, Troy Energy Corp.

Chief Financial Officer

Phone: (250) 465-1806

Neither 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 the release.