TrueGold Mining Inc : Grant of stock options

VANCOUVER, B.C. - True Gold Mining Inc. (TSX-V; TGM) ("True Gold" or the "Company") has granted incentive stock options to its directors, officers, employees and consultants exercisable to purchase in aggregate up to 6,130,000 common shares in the capital of the Company until January 10, 2019 at an exercise price of $0.40 per share, being the closing market price of the Company's shares as traded on the TSX Venture Exchange on January 9, 2014. The incentive stock options were granted in accordance with True Gold's Stock Option Plan and, other than those options granted to directors, are subject to vesting provisions.

About True Gold

True Gold Mining Inc. is where gold comes to life. We are committed to growing a successful gold exploration, development and production company, by focusing on projects with low costs, low technical risks and solid economics. The Company's board, management and technical teams have proven track records in gold exploration, development, operations and production worldwide. Additional information about the Company and its activities may be found on the Company's website atwww.truegoldmining.comand under the Company's profile atwww.sedar.com.

ON BEHALF OF THE BOARD

"Dwayne Melrose"

Dwayne Melrose, President & CEO

For further information contact:

Vancouver Office:
Tel: [phone]
[e-mail]

Investor inquiries: Media inquiries:
Alex Holmes Ian Noble
Tel:[phone] Tel: [phone]
[e-mail]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.