Troy Energy Corp. Announces Flow-Through Financing

Vancouver, B.C., Canada August 28, 2017

NEX Symbol: TEG.H

NEWS RELEASE

TROY ENERGY CORP. ANNOUNCES FLOW-THROUGH FINANCING

Troy Energy Corp. (the "Corporation" or "Troy") announces that it intends to conduct a private

placement financing of up to 1,000,000 flow through c ommon shares at a price of $0.10 per share for

aggregate gross proceeds of $100 ,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 used for exploration work on the

3,231 hectare Yellowknife Gold Belt mineral property located 90 kilometre s north of Yellowknife that

the Corporation has acquired (for details, please refer to the Corporation's press release dated July 18,

2017 and August 25, 2017).

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 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:

James Owen, Troy Energy Corp.

Chief Executive Officer

Phone: (250) 465-1806

Richard Wingate

President

Phone: (306) 229-5029

Neither TSX Venture Exchange nor i ts 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.