Subject: Troubadour Resources New Releas
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File: Attachment TR_NR_Warrant_Repricing_02132025.pdf
Troubadour Resources Inc. TSX.V TR
troubadourresources.com
+1.604.968.4844
Troubadour Announces Warrant Repricing
Vancouver, British Columbia / February 13, 2025 Troubadour Resources Inc. ("Troubadour", or
the "Company") (TSXV:TR) (OTCQB:TROUF) announces that it intends to amend the exercise
price of 10,221,000 common share purchase warrants (the "Warrants") issued as part of the
Company's private placement that closed on July 18, 2024. The Warrants are currently
exercisable at a price of $0.175 and expire on July 18, 2026.
Subject to the approval of the TSX Venture Exchange (TSX.V"), the exercise price of the Warrants
will be repriced from $0.175 to $0.10 (the "Repricing").
In accordance with the policies of the TSX.V the expiration of the Warrants will be accelerated to
thirty days if, for any ten consecutive trading days, the closing price of the common shares of the
Company on the TSX.V is $0.125 or greater (the "Acceleration Trigger"), with such thirty-day
period starting seven days after the Acceleration Trigger.
All other terms of the Warrants will remain unchanged.
The Company confirms that no Insiders hold any of the Warrants that are subject to the proposed
repricing.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.
About Troubadour Resources Inc.
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 OTCQB Venture Market 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.
Forward Looking Information
This news release contains "forward-looking information" within the meaning of applicable
Canadian securities legislation. "Forward-looking information" includes, but is not limited to,
statements with respect to the activities, events or developments that the Company expects or
anticipates will or may occur in the future, including the completion of the Repricing. Generally,
but not always, forward-looking information and statements can be identified by the use of words
such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "believes" or the negative connotation thereof or variations of such
words and phrases or state that certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved" or the negative connation thereof.
Such forward-looking information and statements are based on numerous assumptions, including
among others, that the Company will obtain regulatory approval of the Repricing. Although the
assumptions made by the Company in providing forward-looking information or making forward-
looking statements are considered reasonable by management at the time, there can be no
assurance that such assumptions will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from the Company's plans or
expectations include risks relating to the inability of the Company to obtain regulatory approval of
the Repricing as anticipated, market conditions and timeliness of regulatory approvals. Although
the Company has attempted to identify important factors that could cause actual results to differ
materially from those contained in the forward-looking information or implied by 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 forward-looking information and statements will prove
to be accurate, as actual results and future events could differ materially from those anticipated,
estimated or intended. Accordingly, readers should not place undue reliance on forward-looking
statements or information.
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