Mr. Chris Huggins reports

TROUBADOUR ANNOUNCES REVISED DEBT SETTLEMENTS TERMS

Troubadour Resources Inc. has revised terms to its shares-for-debt arrangements with certain non-arm's-length creditors, initially announced on Aug. 22, 2024. Originally, the company intended to satisfy $200,480 of outstanding debt through the issuance of up to 801,920 common shares at a deemed price of 25 cents per share. Following a decrease in the company's share price and cash payments made to a certain creditor in Q3 2024, Troubadour will now satisfy $185,722 of outstanding debt through the issuance of up to 1,547,680 common shares at a revised deemed price of 12 cents per share. Completion of the shares-for-debt transaction is subject to TSX Venture Exchange approval. The settlement shares issued under this transaction will be subject to a statutory hold period of four months and one day from the date of issuance.

About Troubadour Resources Inc.

Troubadour Resources 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, B.C., Troubadour trades on the TSX Venture Exchange under the symbol TR and the OTCQB Venture Market under the symbol TROUF.

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