Mr. Zachary Kotowych reports

TROUBADOUR RESOURCES ANNOUNCES ADOPTION OF NEW OMNIBUS INCENTIVE PLAN

Troubadour Resources Inc. has adopted a new omnibus incentive plan, which was approved by shareholders at the company's annual general and special meeting held on April 16, 2025, pending final approval by the TSX Venture Exchange. The omnibus plan received final approval from the exchange on July 2, 2025.

The omnibus plan replaces the company's previous stock option plan and provides for the issuance of incentive stock options, as well as restricted share units, to eligible directors, officers, employees and consultants. The omnibus plan includes a 10-per-cent rolling component for stock options and a fixed component for RSUs, reserving up to 7,006,857 common shares for RSU awards.

The adoption of the omnibus plan aligns the company's long-term incentive compensation practices with current regulatory guidance, and enhances its ability to attract and retain qualified personnel by offering a broader range of equity-based incentives.

The omnibus plan remains subject to annual shareholder approval in accordance with exchange policies.

About Troubadour Resources Inc.

Troubadour 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, on the OTCQB Market under the symbol TROUF, and on the Frankfurt, Berlin and Tradegate stock exchanges under the symbol A3DBDE. Troubadour's flagship project is the Senneville gold-copper project, situated in close proximity to Val d'Or, Que., Canada. Composed of 230 mineral claims totalling over 130 square kilometres, the Senneville project is located within the prolific Val d'Or mining camp between Probe Gold's McKenzie Break deposit (1,453,400 ounces inferred) to the north and Probe's Novador development project to the south (6,405,000 ounces measured and indicated and 1,550,200 ounces inferred).

Note: Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the company's properties.

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