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Triumph Gold Announces Completion of Private Placement

Not for distribution to United States Newswire Services or for dissemination in the United StatesVANCOUVER, British Columbia, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (the a??Companya??) announces that further to its news release on December 30, 2020, it has completed the issuance of an additional 685,000 units at a price of $0.20 per unit, as a correction to its July 2020 private placement. Each unit consists of a Company common share and a share purchase warrant exercisable to acquire a further Company common share at an exercise price of $0.30 per share for a period of three years.Proceeds of the private placement will be used primarily for the Companya??s exploration activities and for general working capital purposes. The securities issued are subject to a four month hold period expiring on May 1, 2021.About Triumph Gold Corp.Triumph Gold Corp. is a growth oriented Canadian-based gold exploration and development company with a district scale land package in mining friendly Yukon. The Companya??s flagship Freegold Mountain project is locatedA in the Dawson Range and is host to three NI 43-101 Mineral Deposits and covers an extensive section of the Big Creek Fault zone, a structure related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization. The Company, led by an experienced management team, isA focused on creating value through the advancement of its strategic a??gold firsta?? exploration program.A For more information, please visit our websiteA www.triumphgoldcorp.com.
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