Mr. Kirill Klip reports

TNR GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

TNR Gold Corp. is arranging a non-brokered private placement of up to five million units at five cents per unit to raise up to $250,000. Each unit will consist of one common share of the company and one-half of a non-transferable common share purchase warrant. Each whole warrant will be exercisable into one common share in the capital of the company at an exercise price of 7.5 cents per share for two years from the date of issue.

The proceeds of the private placement will be used for exploration, maintenance of the Shotgun gold project and for general working capital purposes. All private placement securities will be restricted from trading for a period of four months plus one day from the date of closing.

Kirill Klip, executive chairman of the company and a non-arm's-length party, will participate in this private placement. The issuance of private placement securities to non-arm's-length parties constitutes related-party transactions under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. Because the company's shares trade only on the TSX Venture Exchange, the issuance of securities is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 and exempt from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Section 5.7(b). The company did not file a material change report 21 days prior to the closing of the private placement as the details of the participation of insiders of the company had not been confirmed at that time.

The private placement is subject to approval of the TSX-V.

About TNR Gold Corp.

TNR Gold is working to become the green-energy metals royalty and gold company. Over the past 24 years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the company's expertise, resources and industry network, it identified the potential of the Los Azules copper project in Argentina and now holds a 0.36-per-cent net smelter return royalty on the entire project, which is being developed by McEwen Mining Inc. In 2009, TNR founded International Lithium Corp., a green-energy metals company that was made public through the spinout of TNR's energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada. TNR retains a 1.8-per-cent NSR royalty on the Mariana lithium project in Argentina. ILC has a right to repurchase 1 per cent of the NSR royalty on the Mariana lithium project, of which 0.9 per cent relates to the company's NSR royalty interest. The company would receive $900,000 on the completion of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd. TNR provides significant exposure to gold through its 90-per-cent holding in the Shotgun gold porphyry project in Alaska. The project is located in southwestern Alaska near the Donlin gold project, which is being developed by Barrick Gold and Novagold Resources Inc. The company's strategy with Shotgun gold project is to attract a joint venture partnership with one of the gold major mining companies. The company is actively introducing the project to interested parties.

At its core, TNR provides significant exposure to gold, copper and lithium through its holdings in Alaska (the Shotgun gold porphyry project) and Argentina (the Los Azules copper and the Mariana lithium projects) and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.

We seek Safe Harbor.