Troubadour Resources Options its Texas Property to Molten Metals

(TheNewswire)

Highlights:

• Monetizes Non-Core Assets: Troubadour options Texas Property to Molten forshares and exploration spending.

• Focusing on Senneville: Transfers exploration risk to Molten, enabling Troubadour toconcentrate on its flagship assets.

• Improves Balance Sheet: Secures immediate and phased financial benefits, improvingliquidity.

Vancouver, British Columbia / TheNewswire / June 10, 2025 – Troubadour ResourcesInc. (“ Troubadour ”, or the“ Company ”) (TSXV: TR ) (OTCQB: TROUF ),a North American mineral acquisition and exploration company, ispleased to announce that it has entered into an option agreement (the“ Option ” or the “ Agreement ” or the “ Transaction ”) withMolten Metals Corp. (“ MOLT ”), whereby MOLT may acquire a 100%interest in the Company’s Texas Property (the “ Project ”), locatedin British Columbia, Canada.

The Transaction is not subject to TSX Venture Exchange(the “Exchange” or “TSX.V”) approval, as it qualifies as an" ExemptTransaction " under Exchange Policy 5.3 – Acquisitions andDispositions of Non-Cash Assets .

The Agreement aligns with Troubadour’s strategy tostreamline its portfolio and focus on its core assets that includethat Company’s Senneville VMS gold project near Val-d’Or, Quebec.By optioning the Texas Project to MOLT, Troubadour secures immediatefinancial benefits while transferring exploration risk to a capablepartner.

Zachary Kotowych, CEO of Troubadour Resources,commented: “This strategictransaction allows Troubadour to monetize a non-core asset, generatingimmediate financial benefits through MOLT’s issuance of 1,600,000common shares within 10 days of their receiving approval from theCanadian Securities Exchange. ”

Mr. Kotowych continued: “By transferring exploration risk toMOLT, a skilled partner, Troubadour can allocate resources toadvancing its flagship Senneville Project. This option enhancesTroubadour’s financial stability and supports its strategy to focuson high-potential projects in Quebec.”

In order to exercise the Option, MOLT must fulfill thefollowing conditions:

1. Share Issuances

MOLT will issue an aggregate of 1,600,000 common sharesto Troubadour within 10 days of receipt ofapproval from the Canadian Securities Exchange (the “EffectiveDate”).

2. Exploration Expenditures

Incurring exploration expenditures of $500,000 on theTexas Property as follows:

a) $150,000 on or before thesecond anniversary of the Effective Date; and

b) $350,000 on or before thefourth anniversary of the Effective Date;

MOLT will serve as the operator of the Project while itis under option and has the flexibility to accelerate share issuances,and/or exploration expenditures to earn its interest ahead ofschedule.

The Company also announces that, further to its newsrelease dated February 13, 2025, subject to TSX.V final approval theCompany has amended the exercise price and expiry acceleration termsfor 10,031,000 of 10,221,000 previously issued and outstanding commonshare purchase warrants (the “Warrants”).

The exercise price of the Warrants has been reducedfrom $0.175 per warrant share to $0.10 per warrant share. In addition,the expiration of the warrants will be accelerated to 30 days if, forany 10 consecutive trading days, the closing price of the commonshares of the Company on the TSX.V is $0.125 cents or greater, withsuch 30-day period starting seven days after the accelerationtrigger.

The Company confirms that one holder of 90,000 Warrantsdid not respond to multiple attempts to contact them regarding theproposed amendment. In addition, one holder of 100,000 Warrants didnot consent to the amendment but indicated that they did not object tothe Warrants held by other holders being amended.

The Warrants' other terms, including the July 18, 2026expiry date, remain unchanged.

About Troubadour ResourcesInc.

Troubadour Resources Inc. is a North American mineralacquisition and exploration company focused on the development ofquality critical mineral and precious metal properties that aredrill-ready with high-upside and expansion potential. Based inVancouver, BC, Troubadour trades on the TSX Venture Exchange under thesymbol TR, on the OTCQB Market under the symbol TROUF, and on theFrankfurt, Berlin and Tradegate Stock Exchanges under the symbolA3DBDE.

Troubadour’s flagship project is the SennevilleGold-Copper Project, situated in close proximity to Val d’Or,Quebec, Canada. Comprised of 230 mineral claims totalling over 130km 2 ,the Senneville Project is located within the prolific Val d’OrMining Camp between Probe Gold’s McKenzie Break deposit (1,453,400ounces Inferred) to the north, and the Probe’s Novador DevelopmentProject to the south (6,405,000 ounces M&I and 1,550,200 ouncesInferred).

Note: Readers are cautioned that thegeology of nearby properties is not necessarily indicative of thegeology of the Company's properties.

TROUBADOUR RESOURCES INC.

Zachary Kotowych

CEO and Director

(437) 855-4540

zkotowych@troubadourresources.com

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.

Forward-lookingstatements:

This news release may include"forward-looking information" under applicable Canadiansecurities legislation. Such forward-looking information reflectsmanagement's current beliefs and are based on a number of estimatesand/or assumptions made by and information currently available to theCompany that, while considered reasonable, are subject to known andunknown risks, uncertainties, and other factors that may cause theactual results and future events to differ materially from thoseexpressed or implied by such forward-looking information. Readers arecautioned that such forward-looking information are neither promisesnor guarantees and are subject to known and unknown risks anduncertainties including, but not limited to, general business,economic, competitive, political and social uncertainties, uncertainand volatile equity and capital markets, lack of available capital,actual results of exploration activities, environmental risks, futureprices of base and other metals, operating risks, accidents, labourissues, delays in obtaining governmental approvals and permits, andother risks in the mining industry.

The Company is presently anexploration stage company. Exploration is highly speculative innature, involves many risks, requires substantial expenditures, andmay not result in the discovery of mineral deposits that can be minedprofitably. Furthermore, the Company currently has no reserves on anyof its properties. As a result, there can be no assurance that suchforward-looking statements will prove to be accurate, and actualresults and future events could differ materially from thoseanticipated in such statements.

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