Troilus Gold Strengthens Leadership with New Board Chair

Troilus Gold Reports AGM Results and New Chair Appointment

Troilus Gold Corp. is excited to announce the outcomes of its recent Annual General Meeting of Shareholders, which took place in a dynamic atmosphere. The AGM was held where shareholders gathered to discuss the future direction of the company. During this important event, the shareholders were invited to cast their votes on several key matters, marking a pivotal moment for Troilus.

Election of the Board of Directors

At this year’s meeting, shareholders overwhelmingly approved the nomination of the individuals highlighted in the Management Information Circular. These directors bring extensive experience and diverse skill sets that are essential for steering Troilus towards achieving its strategic goals. Over 55% of the total issued and outstanding shares participated in this crucial decision-making process.

Overview of Director Voting Results

The results of the director elections were impressive, reflecting strong support from the company's investor base. The shareholders voted on eight nominees, each of whom received a high percentage of votes in their favor. This demonstrates a robust commitment from the shareholders to the current leadership team.

List of Newly Elected Directors

Among the elected directors was Justin Reid, Diane Lai, Hon. Pierre Pettigrew, Tom Olesinski, Chantal Lavoie, Brigitte Berneche, and Francois Biron. Each of these directors secured nearly unanimous approval, indicating confidence in their capabilities. For instance, Chantal Lavoie received a remarkable 99% of votes in favor, solidifying her position as an influential member of the board.

Chantal Lavoie as Chair of the Board

Following the shareholder votes, Troilus made a significant announcement regarding its leadership. Chantal Lavoie has been appointed as the new Chair of the Board. Lavoie joined Troilus earlier in the year and brings more than 35 years of experience in the mining sector to her role. Her extensive background encompasses mining operations, permitting, construction, and executive leadership across various global contexts.

Transition of Leadership

Lavoie succeeds Diane Lai, who has been praised for her leadership and dedication during her tenure as Chair. Although Lai is stepping down as chair, she will remain an integral part of the Board, where her contributions will continue to be invaluable. Troilus expresses heartfelt gratitude to Diane for her commitment and guidance.

Shareholder Engagement and Company Updates

As part of the AGM, shareholders also approved the appointment of McGovern Hurley LLP as auditors for the upcoming year. This decision reflects the company’s commitment to transparency and accountability in its financial reporting. The leadership of Troilus wishes to extend their sincere thanks to all shareholders and stakeholders for their ongoing support as the company embarks on its next phase of growth.

About Troilus Gold Corp.

Troilus Gold Corp. is a prominent Canadian junior mining firm dedicated to advancing the former gold and copper Troilus Mine towards production. Known for its rich history, the Troilus Mine previously produced over 2 million ounces of gold and a significant quantity of copper between 1996 and 2010. Situated within a highly esteemed mining jurisdiction, Troilus possesses a strategic land position spanning 435 km² in the Frôtet-Evans Greenstone Belt. Since acquiring the property in 2017, Troilus’s exploration efforts have led to notable expansions in its mineral resources, indicating a stellar growth trajectory.

For Further Information, Please Contact:

Caroline Arsenault
VP Corporate Communications
+1 (647) 276-0050
info@troilusgold.com

Frequently Asked Questions

What were the key outcomes of Troilus's AGM?

The AGM resulted in the election of several board members and the appointment of Chantal Lavoie as Chair.

Who is Chantal Lavoie?

Chantal Lavoie is a Professional Mining Engineer with 35 years of experience in the mining industry, appointed as the Chair of the Board.

What is the history of the Troilus Mine?

The Troilus Mine produced over 2 million ounces of gold and nearly 70,000 tonnes of copper from 1996 to 2010.

What company auditors were approved during the AGM?

McGovern Hurley LLP was appointed as the Company’s auditors for the upcoming year.

What can we expect from Troilus Gold going forward?

Troilus Gold is focused on advancing its mining project, with significant potential for growth and resource expansion.

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