Troy Energy Corp. Announces Name Change to "Norse Gold Corp."

VANCOUVER, BC / ACCESSWIRE / June 8, 2020 / Troy Energy Corp. (NEX:TEG.H) (the "Corporation" or "Troy") is pleased to announce the change of its name to "Norse Gold Corp." The change will take effect at the opening of markets on or about Friday, June 12, 2020. Concurrent with the name change, the trading symbol for Corporation's common shares will be changed to VKG. All necessary approvals of the name change have now been obtained, including the approval of the shareholders, which was approved at the annual and special meeting thereof that was held on December 30, 2019. No further action will be required by shareholders of the Corporation as the name change will be completed by way of a push-out, whereby Direct Registration Statements (DRS) will be sent out to all shareholders of record. The new DRS will evidence shareholders' ownership of common shares of the Corporation. Any previously held share certificates or DRS (in the name of Troy Energy Corp.) will be null and void.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Richard Wingate
President and Chief Executive Officer
Phone: (306) 229-5029

James Owen, Troy Energy Corp.
Chief Financial Officer
Phone: (250) 465-1806

Neither 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 the release.

SOURCE: Troy Energy Corp.