Mr. John Anderson reports

TRIUMPH GOLD ANNOUNCES ADDITIONAL SUBSCRIPTION FUNDS RECEIVED

Triumph Gold Corp. is correcting its private placement completed in July, 2020, to include an additional $137,000 in proceeds from subscriptions for 685,000 units. Including the additional subscriptions, the total of the private placements announced on July 17 and July 24 is 32,283,000 units for proceeds of $6,747,000. Each unit comprises one common share and one warrant of the company. Each warrant is exercisable into one common share of the company at an exercise price of 30 cents per share for a period of three years.

Proceeds are being used primarily for the company's exploration activities and general working capital purposes. The additional securities issued are subject to a hold period of four months, in accordance with applicable stock exchange requirements.

About Triumph Gold Corp.

Triumph Gold is a growth-oriented, Canadian-based gold exploration and development company with a district-scale land package in mining-friendly Yukon. The company's flagship Freegold Mountain project is located in the Dawson Range and is host to three National Instrument 43-101 mineral deposits. The project 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, is focused on creating value through the advancement of its strategic gold-first exploration program.

We seek Safe Harbor.