Troubadour Resources Inc. Announces Amendment to

NEWS RELEASE

Troubadour Resources Inc. Announces Amendment to May 21, 2024 Option Agreement with Xander Resources Inc.

Vancouver, British Columbia, Canada, June 13, 2024 – TROUBADOUR RESOURCES INC. (the “Company") (TSX VENTURE: TR) (OTC: TROUF) announces an amendment to the Option Agreement with Xander Resources Inc. ("Xander" or the "Optionee"), initially announced on May 21, 2024.

The amendment modifies the share issuance terms as follows:

• Troubadour will issue 2,000,000 of the 2,500,000 shares to Xander at each payment milestone. The first issuance occurs upon signing, with the second due by the six-month anniversary of the Agreement. An arms-length party will receive 500,000 shares, i.e., 20% of the payment, for each of the payments. The total consideration due remains a total of 5,000,000 shares of Troubadour to earn 100%.
• Share issuances will proceed only if they do not cause Xander or the arm's-length party to hold more than 10% of Troubadour's total issued shares.

All other terms of the original Agreement remain unchanged.

The amended Agreement and the share issuances are subject to approval from the TSX Venture Exchange.

About Troubadour Resources Inc.

Troubadour Resources Inc. is a North American mineral acquisition and exploration company focused on the development of quality battery 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 and the OTCPK Market under the symbol TROUF.

TROUBADOUR RESOURCES INC.

“Chris Huggins”

Director and CEO (604)-968-4844 [email protected]

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur, and include, without limitation, approval from the TSX Venture Exchange of the Option Agreement and amendments thereto. There is risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, including those risk factors outlined in the Company’s Management Discussion and Analysis as filed on SEDAR+. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward- looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty thereof.

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