Troy Energy Corp. Announces Financing
Vancouver, B.C., Canada May 20, 2020
NEX Symbol: TEG.H
NEWS RELEASE
TROY ENERGY CORP. ANNOUNCES FINANCING
Troy Energy Corp. (the "Corporation" or "Troy") announces that it intends to conduct a private
placement financing of up to 5,000,000 common shares at a price of $0. 03 per share for aggregate gross
proceeds of up to $150,000 and up to 5,000,000 flow -through shares at a price of $0.04 per share for
aggregate gross proceeds of up to $200,000 (total aggregate gross proceeds are therefore $350,000) . This
financing is subject to regulatory approval. In accordance with applicable securities laws, the common
shares issued under this financing will be subject to four -month hold periods. The proceeds from this
private placement will be applied towards the payment of licensing fees in respect of the Corporation's
3,231 hectare Yellowknife Gold Belt mineral property located 90 kilometres north of Yellowknife , for
exploration work on the aforementioned mineral properties and for the payment of outstanding payables.
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 man agement 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 u ndertakes no obligation 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.