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Troubadour Resources Inc (2)
Symbol TR
Shares Issued 70,068,574
Close 2025-07-04 C$ 0.03
Market Cap C$ 2,102,057
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Troubadour adopts omnibus incentive plan

2025-07-04 18:33 ET - News Release

Subject: Troubadour Resources Inc. (TSX.V: TR) Press Release for Immediate Dissemination PDF Document

File: Attachment TR_NR_Omnibus_Plan_07042025.pdf

Troubadour Resources Inc. TSX.V: TR

OTCQB: TROUF troubadourresources.com

TROUBADOUR RESOURCES ANNOUNCES ADOPTION OF NEW OMNIBUS INCENTIVE PLAN

Vancouver, British Columbia July 4, 2025 Troubadour Resources Inc. (TSXV: TR, OTCQB: TROUF) (the "Company") is pleased to announce that it has adopted a new omnibus incentive plan (the "Omnibus 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 "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 ("RSUs") to eligible directors, officers, employees, and consultants. The Omnibus Plan includes a 10% 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 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, 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, Quebec, Canada. Comprised of 230 mineral claims totalling over 130 km2, 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 the Probe's Novador Development Project to the south (6,405,000 ounces M&I 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. TROUBADOUR RESOURCES INC.

Zachary Kotowych CEO and Director (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.

Forward-looking statements:

This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.

The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

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