Troy Minerals Inc. announced a private placement of up to 11,428,571 units at an issue price of CAD 0.35 for the gross proceeds of CAD 4,000,000 on October 3, 2023. The financing may close in multiple tranches with the first tranche scheduled to close on October 11, 2023. Securities issued in connection with the Offering will be subject to a four-month hold period, in accordance with securities laws and the policies of the Canadian Securities Exchange, as applicable.

The Offering is subject to CSE acceptance.