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VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) — Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (the “Firm”) proclaims that it’s correcting its personal placement accomplished in July 2020 to incorporate an extra $137,000 in proceeds from subscriptions for 685,000 models (“Models”). Together with the extra subscriptions, the whole of the personal placements introduced July 17 and July 24 is 32,283,000 Models for proceeds of $6,747,000. Every Unit was comprised of 1 frequent share and one warrant of the Firm. Every warrant is exercisable into one frequent share of the Firm at an train worth of $0.30 per share for a interval of three years.

Proceeds are getting used primarily for the Firm’s exploration actions and for normal working capital functions. The extra securities issued are topic to a maintain interval of 4 months in accordance with relevant inventory alternate necessities.

About Triumph Gold Corp.

Triumph Gold Corp. is a progress oriented Canadian-based gold exploration and growth firm with a district scale land bundle in mining pleasant Yukon. The Firm’s flagship Freegold Mountain challenge is situated within the Dawson Vary and is host to 3 NI 43-101 Mineral Deposits and covers an intensive part of the Massive Creek Fault zone, a construction associated to epithermal gold and silver mineralization in addition to gold-rich porphyry copper mineralization. The Firm, led by an skilled administration workforce, is targeted on creating worth by means of the development of its strategic “gold first” exploration program. For extra data, please go to our web site www.triumphgoldcorp.com.

On behalf of the Board of Administrators

Signed “John Anderson”
John Anderson, Govt Chairman

Mars Investor Relations
(416) 275-9160
tig@marsinvestorrelations.com

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as such time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

This information launch incorporates forward-looking data, which includes recognized and unknown dangers, uncertainties and different components which will trigger precise occasions to vary materially from present expectation. Vital components – together with the supply of funds, the outcomes of financing efforts, the completion of due diligence and the outcomes of exploration actions – that would trigger precise outcomes to vary materially from the Firm’s expectations are disclosed within the Firm’s paperwork filed occasionally on SEDAR (see www.sedar.com). Readers are cautioned to not place undue reliance on these forward-looking statements, which communicate solely as of the date of this press launch. The corporate disclaims any intention or obligation, besides to the extent required by legislation, to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case.