Ms. Jessica Van Den Akker reports

TRISTAR CLOSES FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Tristar Gold Inc. has closed the final tranche of its non-brokered private placement of up to 11,538,461 common shares announced in news releases dated Jan. 13, 2025, and Feb. 6, 2025. A total of 1.3 million common shares of the company were sold under the final tranche of the offering, at a price of 13 cents per common share for gross proceeds to the company of $169,000. With respect to the sale of this final tranche, a 3-per-cent finder's fee of $5,070 was paid to a Canadian-based financial services firm.

In total, the company sold 8,319,777 common shares for gross proceeds of $1,081,571 with respect to this placement. The company intends to use the net proceeds of the offering for general working capital purposes and to further advance its Castelo de Sonhos gold project.

Please refer to the news release dated Feb. 6, 2025, for full disclosure of all insiders and the early warning report with respect to this placement.

All securities issued in connection with the final tranche of the offering are subject to a four-month hold period expiring on June 22, 2025, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The offering is subject to final approval of the TSX Venture Exchange.

About Tristar Gold Inc.

Tristar Gold is an exploration and development company focused on precious metals properties in the Americas that have the potential to become significant producing mines. The company's current flagship property is Castelo de Sonhos in Para state, Brazil. The company's shares trade on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF.

We seek Safe Harbor.