Ms. Caroline Arsenault reports

TROILUS ANNOUNCES COMPLETION OF NAME CHANGE TO TROILUS MINING CORP. AND ANNUAL & SPECIAL MEETING RESULTS

Troilus Mining Corp., formerly Troilus Gold Corp., has completed its name change from Troilus Gold Corp. to Troilus Mining Corp. and Corporation miniere Troilus in French, following receipt of shareholder approval at its annual and special meeting of shareholders held on Dec. 4, 2025.

The name change is intended to better reflect the company's expectations with respect to the full scope of future metals production at the Troilus project, including copper, gold and silver, and to align with the company's transition from exploration to development and construction of a critical minerals asset of strategic importance to Quebec and Canada.

Subject to completing all required filings, the common shares of Troilus are expected to commence trading under the company's new name on the Toronto Stock Exchange at the start of trading on Dec. 10, 2025. The company's common shares will continue to trade under the TLG ticker symbol on the Toronto Stock Exchange. The new Cusip number for the Troilus common shares will be 89688V103.

Warrants of the company expiring Oct. 18, 2026, will be assigned new Cusip No. 89688V111.

In addition to the name change, in accordance with the policies of the Toronto Stock Exchange, the company is pleased to announce that all nominees listed in the management information circular dated Oct. 22, 2025, were elected as directors of the company at the meeting. Over 55 per cent of the company's issued and outstanding shares were represented at the meeting.

The shareholders approved the election of the following individuals as directors of the company, based on the vote as shown in the attached table.

Shareholders also approved the appointment of Deloitte LLP as the company's auditor for the ensuing year.

Troilus's board of directors expresses their gratitude to all shareholders and stakeholders for their continued support.

About Troilus Mining Corp.

Troilus Mining is a Canadian development-stage mining company focused on the systematic advancement of the former gold and copper Troilus mine toward production. Troilus is located in the Tier 1 mining jurisdiction of Quebec, Canada, where it holds a large land position of 435 square kilometres in the Frotet-Evans greenstone belt. A feasibility study completed in May, 2024, supports a large-scale 22-year, 50,000-tonne-per-day open-pit mining operation, positioning it as a cornerstone project in North America.

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