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Troubadour Resources Inc (2)
Symbol TR
Shares Issued 70,068,574
Close 2025-06-17 C$ 0.03
Market Cap C$ 2,102,057
Recent Sedar Documents

Troubadour Resources reprices options

2025-06-17 19:08 ET - News Release

Subject: Troubadour Resources Inc. (TXS.V: TR) News Release PDF Document

File: Attachment TR_PR_06172025_January_2025_Options_Repricing.pdf

Troubadour Resources Inc. TSX.V: TR

OTCQB: TROUF troubadourresources.com

NEWS RELEASE

Troubadour Announces Repricing of Stock Options

Vancouver, British Columbia June 17, 2025 Troubadour Resources Inc. (the "Company") (TSX Venture: TR) (OTCQB: TROUF) announces that it has amended the exercise price of 3,550,000 incentive stock options (the "Options") originally granted on January 21, 2025, in order to align with the minimum pricing requirements set out in the policies of the TSX Venture Exchange (the "Exchange").

The Options were originally granted with an exercise price of $0.035 per common share, however, pursuant to TSX Venture Exchange Policy 1.1 Interpretation, the minimum exercise price permitted is $0.05. As such, the Company has revised the exercise price of the Options to $0.05 per common share. All other terms of the Options, including the expiry date of January 21, 2027, remain unchanged.

None of the option holders are insiders of the Company or provide investor relations services.

The amendment remains subject to final acceptance by the TSX Venture Exchange.

About Troubadour Resources Inc. Troubadour Resources Inc. is a North American mineral acquisition and exploration company focused on the development of quality battery 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. "Zachary Kotowych" CEO (437) 855-4540 zkotowych@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.

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