File: Attachment TR_NR_Website_Updates_08222024.pdf

Troubadour Resources Inc. TSX.V TR troubadourresources.com +1.604.968.4844

Troubadour Resources Launches New Website

Vancouver, British Columbia / August 22, 2024 Troubadour Resources Inc. ("TR" or the "Company") (TSXV: TR) (OTC: TROUF) is pleased to announce that it has launched a new website, brand and corporate presentation. The website and presentation can be found at www.troubadourresources.com.

The updated website and corporate presentation will provide investors, stakeholders, and interested parties with a comprehensive overview of the Company's mission and exploration strategy as it advances the Senneville Project in Val d'Or Quebec quickly towards drilling.

The Company is also pleased to advise that it will be applying for uplisting on the OTC Markets to the OTCQB from the pink sheets, subject to final approval. The Company will provide subsequent updates on timing in due course.

The OTCQB is a premier marketplace for entrepreneurial and development stage US and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process every six months. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve investors' access to information and trading experience.

The Company is also pleased to announce that it is preparing to launch its 2024 field programs at its Senneville Copper VMS property ("Senneville" or the "Property"). The initial work at the Property will be to complete a biogeochemical survey before embarking on ground geophysics which will lead into Troubadour's maiden drill program planned to commence later this Fall.

The Property is prospective for polymetallic VMS-style mineralization and comprises 173 mineral claims located in the eastern part of the Abitibi Greenstone Belt, about 25 km northeast of the gold mining center of Val-d'Or, Quebec. It covers over 100 km2 and is contiguous in the South to Probe Metals' Novador Project, host to the 2.04 Moz Monique Resource grading 1.42 g/t Au, and in the north to Monarch Mining's Beaufor Mine, which has produced over 1.1 Moz Au. *Readers are cautioned that the geology of nearby properties are not necessarily indicative of the geology of the Project.

"We are excited to apply modern and novel exploration techniques to the Senneville Property" stated Troubadour Resources CEO, Chris Huggins. "The Senneville Property is exceptionally well-positioned for the Val D'Or's next major discovery, and our planned exploration program will apply techniques that have proven their applicability but have not previously been applied to this ground. This work will help us finalize drill targets, prior to our fully funded maiden drill program, for which planning has already begun." Figure 1 - Local area map of the Senneville Project. Geology after SIGEOM.

Figure 2 Project map displaying the VMS trend that will be the focus of drilling at the Senneville Project.

page 2 In particular, the Company intends to carry out a biogeochemical survey to identify additional priority targets prospective for high-grade gold and copper mineralization that will be included in the Company's maiden drill program to commence this coming fall.

Biogeochemical surveys are exploration techniques that excel at testing for buried mineralization not exposed at the surface by sampling and analyzing whole or selected parts of plants. As plants grow, metals and ions dissolved in the soil and groundwater are incorporated by the plants and migrate to the various parts (roots, truck, stem, bark, leaves), and thus, the plants attain a chemistry reflective of the underlying bedrock. By sampling these biological materials along a systematic grid, Troubadour plans to identify areas most rich in metals or elements that indicate the most likely areas to host gold or copper mineralization.

Biogeochemical surveys have proven to be an effective method in identifying metal anomalies associated with gold and copper mineralization (Wallbridge Resources, Gaillard, 2021; Midland Exploration, St-Cyr, 2021; Probe Gold News Release June 29, 2024). The details of the sampling for the Company's planned program (tree species, sampled material, etc.) are yet to be finalized. Sampling will be followed by ground- based geophysics to refine target horizons within the mineralized trend.

The work program will be completed pursuant to its option agreement (the "Option") whereby it may acquire a 100% interest in the Property by completing $2,000,000 in work expenditures at the Property prior to the second anniversary of the execution of the Option. The complete terms to acquire 100% of the Property are indicated in the table below:

Payment Date Shares(2) Work Commitment Signing(1) 6 months 2,500,000 (complete) - 24 months Notes: 2,500,000 (complete)

- $2,000,000

1. Payable within five (5) days from receipt of approval to the Option from the Exchange.

2. Shares of the Company are to be issued at a deemed value based on the Discounted Market Price (defined in Exchange rules) at the time of issuance.

The Property has the following net-smelter returns royalties ("NSRs") which will be assumed by the Company:

dot 2% NSR to North American Exploration Ltd. for 72 claims

dot 2% NSR to Silverwater Capital Corp. for 62 claims

dot 2% NSR to Terrance Coyle / 9093-6725 Quebec Inc. for 39 claims

Troubadour is also pleased to announce that it has entered into shares-for-debt arrangements whereby the Company will satisfy C$200,480 of outstanding debt (the "Debt") owed to certain arm's-length creditors through the issuance of up to 801,920 common shares of the Company (the "Common Shares") at a deemed price of C$0.25 per Common Share (the "Shares-for-Debt Transaction"). The completion of the Shares-for-Debt Transaction is contingent upon customary closing conditions, including approval from the TSX Venture Exchange. The Company anticipates finalizing the transaction in August 2024. The Common Shares issued as part of this transaction will be subject to a statutory hold period of four (4) months and one (1) day from the date of issuance.

Qualified Person

The technical content of this news release has been reviewed and approved by Mr. Deepak Varshney, P.Geo., a qualified person as defined by National Instrument 43-101. Historical reports provided by the optionors were reviewed by the qualified person. The information provided has not been verified and is being treated as historic non-compliant intercepts.

About Troubadour Resources Inc.

page 3 Troubadour Resources Inc. is a North American mineral acquisition and exploration company focused on the development of quality critical mineral and precious metal properties that are drill-ready with high- upside and expansion potential. Based in Vancouver, BC, Troubadour trades on the TSX Venture Exchange under the symbol TR and the OTCPK Exchange under the symbol TROUF.

TROUBADOUR RESOURCES INC.

Chris Huggins CEO and Director

For more information, please call Chris Huggins at (604) 968-4844 or email chris@troubadourresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

References

Gaillard, N. (2021) Assessment Report, Grasset Property, Biogeochemistry, Summer 2021; Wallbridge Mining, GM72469, 86pp.

St-Cyr, R. (2021) Black Spruce Bark Campaign Report Adam Project; Midland Exploration, GM72086, 166 pp.

Probe Gold (2024) Probe Metals And Midland Exploration Commence Drilling To Test New High Priority Targets South Of Fenelon On The Detour Gaudet-Fenelon JV Project; Retrieved from on July, 29, 2024

Forward-looking statements:

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company may not receive approval for the uplisting of its shares to the OTCQB Market, it may terminate and not proceed with the Agreements, or that the Agreements and associated transactions will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSX Venture Exchange). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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