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VKG.V ·

Troy Energy Corp. Announces NAME Change to "Norse GOLD Corp."

Corporate Actions

Vancouver, B.C., Canada June 8, 2020

NEX Symbol: TEG.H

NEWS RELEASE

TROY ENERGY CORP. ANNOUNCES NAME CHANGE TO

"NORSE GOLD CORP."

Troy Energy Corp. (the "Corporation" or "Troy") is pleased to announce the change of its name to

"Norse Gold Corp." The change will take effect at the opening of markets on or about Friday, June 12,

2020. Concurrent with the name change, the trading symbol for C orporation's common shares will be

changed to VKG. All necessary approvals of the name change have now been obtained, including the

approval of the shareholders, which was approved at the annual and special meeting thereof that was held

on December 30, 2019. No further action will be required by shareholders of the Corporation as the name

change will be complet ed by way of a push -out, whereby Direct Registration Statements (DRS) will be

sent out to all shareholders of record. The new DRS will evidence shareholders' ownership of common

shares of the Corporation. Any previously held share certificates or DRS (in the name of Troy Energy

Corp.) will be null and void.

Forward Looking Statements

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

constitutes forward -looking statements. Forward -looking statement s 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 th e 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:

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 Serv ices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the

release.