June 18, 2025, Montreal, Quebec – Troilus Gold Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce that is has agreed to indicative commercial offtake terms with Aurubis AG (“Aurubis”), a leading global copper smelter headquartered in Hamburg, Germany, for the offtake of copper-gold concentrate expected to be produced from the Company’s Troilus Project in north-central Quebec, Canada.

The final binding offtake agreement is expected to be executed in connection with the completion of the Project’s broader debt financing package of up to US$700 million announced on March 13, 2025, which is being structured by a syndicate of global financial institutions, including Société Générale, KfW IPEX-Bank, and Export Development Canada (“EDC”). This financing is expected to include support from Euler Hermes Aktiengesellschaft (“Euler Hermes”), representing the German Federal Ministry for Economic Affairs and Climate Action, which has issued a letter of intent (“LOI”) to Troilus for up to US$500 million, confirming in-principle eligibility for an untied loan guarantee (see November 13, 2024 press release).

As outlined in the Company’s May 2024 Feasibility Study (see May 14, 2024 press release), the project is expected to produce an annual average of approximately 135.4 million pounds of copper equivalent or 75,000 wet metric tonnes (“WMT”) of concentrate. The concentrate will contain copper, gold, and silver as payable metals.

Justin Reid, CEO of Troilus Gold, commented, “Reaching an agreement on indicative offtake terms with a world-class partner like Aurubis marks a key milestone as we advance toward construction of the Troilus Mine. This agreement enhances both the technical and financial readiness of the Project and reflects the quality of concentrate we expect to produce. Canada and Germany have a long-standing and collaborative relationship, and we are proud to contribute to that through this strategic alignment. We look forward to building a strong, long-term partnership with Aurubis and establishing a presence in Europe as we advance toward construction readiness.”

“The agreement with Troilus further strengthens our global raw material portfolio with high-quality concentrates and reinforces our competitive position in the international market. Leveraging our broad network and expertise in processing diverse raw material qualities, we create long-term planning security and mutual value for both partners. Partnerships like this are an integral part of our growth strategy” said Tim Kurth, COO of Aurubis AG.

The indicative agreed upon offtake terms include anticipated specifications for the concentrate, precious metals payabilities, treatment and refining charges, and applicable penalties for deleterious elements. Metallurgical testwork conducted to date, as well as historical data from the past operation, indicates that there will not be penalties incurred outside the thresholds outlined in the agreement.

Ocean Partners USA Inc. (“Ocean Partners”) is acting as Troilus’ independent third-party advisor in support of the Company’s concentrate offtake strategy. With deep expertise spanning technical, commercial, and financial disciplines, Ocean Partners has provided valuable market insight and guidance throughout the development of the offtake arrangements. Their involvement has been instrumental in conducting the specialized analysis and commercial structuring required for long-term concentrate sales, helping to ensure a strong and competitive foundation for the Project as it advances toward construction.

Auramet International Inc. continues to assist with the ongoing structuring of the debt package and engagement with potential lenders and strategic partners. The Company remains focused on advancing all aspects of the Project toward a construction decision and will provide further updates as progress continues.

*The completed NI 43-101 technical report associated with the Troilus Project Feasibility Study can be found on SEDAR+ at www.sedarplus.ca under the Company’s issuer profile or on the Company’s website at www.troilusgold.com.

Troilus Appoints Mining Executive Rob Doyle as Strategic Advisor Ahead of Construction Phase

July 9, 2025, Montreal, Quebec – Troilus Gold Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce the appointment of Mr. Rob Doyle as Strategic Advisor to the CEO and Chairman, effective August 1, 2025. A highly respected executive in the global mining sector, Mr. Doyle will provide strategic, financial and operational guidance as the copper-gold Troilus Project advances toward construction and long-term production.

Mr. Doyle brings more than 25 years of experience in international mining finance, corporate strategy and project development. He is best known as an executive and long-time Chief Financial Officer of Pan American Silver Corp., where over an 18-year tenure he helped grow the company from inception to a multi-billion-dollar producer, building multiple mines and leading numerous large-scale M&A transactions. Most recently, he served as CFO of SilverCrest Metals Inc., acquired by Coeur Mining in a $1.7 billion transaction earlier this year. Earlier in his career, he was the Senior Vice President of Mining Finance and Metals Marketing for Standard Bank, where he structured financing and advisory transactions for mining companies across the Americas.

In his advisory role, Mr. Doyle will work closely with the Company’s executive and finance teams to help ensure operational readiness, robust internal controls, and disciplined financial strategy as Troilus transitions into its next phase of growth. His mandate includes strategic support on financial governance, project financing, risk management, and systems optimization - all with the goal of ensuring the Company is well-positioned for construction and beyond.

Justin Reid, CEO of Troilus, commented, “Rob’s experience speaks for itself - he has been at the helm of some of the most successful mine builds and financings in our industry and his perspective will be invaluable as we finalize our development plans and prepare to execute. Having Rob on board strengthens our internal capacity and sharpens our focus as we aim to build one of the next major Canadian copper-gold producers. We’re thrilled to have him join our team at this pivotal time.”

Mr. Doyle currently serves as a board member and Audit Chair of several TSX and NYSE-listed mining companies, and was named BC CFO of the Year (Large Public Company) by Business in Vancouver in 2019. He holds a B.Bus.Sc in Finance from the University of Cape Town, is a Chartered Accountant (SA), CFA charterholder, and holds the ICD.D designation from the Institute of Corporate Directors.

Troilus is advancing one of Canada’s largest undeveloped gold-copper projects in Quebec. With a Feasibility Study completed in 2024 and the Environmental and Social Impact Assessment submitted last month, the Company is targeting a construction decision in 2026. Key project financing milestones are advancing in parallel, including an indicative offtake agreement with leading European smelter, Aurubis, as part of a structured project financing process led by a syndicate of international financial institutions (see press releases from March 13, 2025, June 18, 2025).

Troilus to Accompany Prime Minister of Canada and Minister of Energy and Natural Resources on Critical Minerals Mission to Germany; Also Participating in Japan and Korea Investment Forums

August 25, 2025, Montreal, Quebec – Troilus Gold Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce that it has been invited to participate in two upcoming Canadian government-led international missions, underscoring the strategic importance of the Troilus copper-gold project to Canada’s global critical minerals agenda.

Troilus has been invited to join the Canadian business delegation accompanying The Right Honourable Mark Carney, Prime Minister of Canada, and The Honourable Tim Hodgson, Minister of Energy and Natural Resources, to Berlin, Germany on August 26 and 27, 2025. This high-level political mission will highlight Canada-Germany cooperation on critical minerals and clean energy and provide Troilus with a platform to showcase its role as one of Québec’s largest future copper-gold producers. Troilus’ advanced partnerships with Aurubis, KfW IPEX-Bank, and Euler Hermes serve as a model of Canada-Germany supply chain collaboration, demonstrating how strategic offtake agreements and financing cooperation can strengthen transatlantic critical minerals security.

In parallel, Troilus has also been invited to attend the Canadian Critical Minerals Investment Forum, an international trade mission organized by Natural Resources Canada and Invest in Canada. The Forum will be held in Tokyo, Japan from August 26 to 28 and Seoul, Korea, on August 29 and 30, 2025. This event will bring together global investors, government officials, and industry leaders to advance critical minerals partnerships. In addition to participating in the Forum, Troilus will take part in bilateral meetings in both countries to further strategic discussions with potential partners and customers.

Together, these invitations underscore Troilus’ alignment with Canada’s Critical Minerals Strategy and reinforce its growing profile as a reliable and strategically significant source of copper and gold for global markets.