Mr. Abby Farrage reports

TRUE ZONE ANNOUNCES NEW PRESIDENT AND CLOSING OF PRIVATE PLACEMENT

True Zone Resources Inc. has made a change in senior management with Souhail (Abby) Farrage assuming the role of president and chief executive officer in addition to his current role of director of the company. Mr. Farrage was president of Consolidated Gold Win Ventures Ltd. until 2008 (predecessor of WestKam Gold), and through his efforts he has raised over $5-million for mineral exploration and new development projects throughout British Columbia, Yukon Territory, Northwest Territories, the Ungava region of Quebec and Nevada. Through his efforts he has been instrumental in raising over $12.5-million for Tanzanian mineral exploration projects. Mr. Farrage replaces Michael Mulberry as president and CEO. Mr. Mulberry will remain on the board as a director of the company, and as a consultant on the company's mineral explorations and mining operations.

The company also announces the closing of its non-brokered private placement as announced on June 26, 2014. The company has received gross aggregate proceeds of $750,000. The company will issue 15 million units consisting of one common share of the company and one share purchase warrant that entitles the holder to purchase one additional common share of the company at a price of 10 cents for a two-year period ending on July 22, 2016. The warrants will be subject to an accelerated expiry stating that if at any time after the standard four-month hold period the closing price of the company's common shares on the Canadian Securities Exchange exceeds 15 cents for any 10 consecutive trading days, the warrantholder will be given notice that the warrants will expire 31 days following the date of such notice.