Tru Precious options Twilite to Copperhead

Mr. Steve Nicol reports TRU OPTIONS OUT TWILITE GOLD PROJECT TO COPPERHEAD RESOURCES INC. Tru Precious Metals Corp. has entered into an option agreement with Copperhead Resources Inc., pursuant to which the company has granted the exclusive option to earn a 100-per-cent ownership interest in the company's Twilite gold project, which consists of 65 claims covering 1,625 hectares located in the central Newfoundland gold belt. Terms of the agreement To exercise its option to acquire a 100-per-cent interest in Twilite, Copperhead must make cash payments and exploration expenditures, and must issue common shares of Copperhead, as set out below: Pay $25,000 in cash to Tru on Aug. 18, 2025 (paid); On or before Aug. 18, 2027, incur exploration expenditures of an aggregate of $75,000 plus applicable taxes on the property; and On or before Aug. 18, 2027: (i) pay additional $200,000 in cash to Tru; and (ii) issue such number of shares of Copperhead to Tru as is equal in value to $300,000, at a deemed price per share equal to the closing price of the shares of Copperhead on the Canadian Securities Exchange on the day immediately prior to the share issuance. Upon exercise of the option, Copperhead will grant Tru a 2.0-per-cent net smelter return royalty from any future mineral production at Twilite. Throughout the terms of the agreement, Copperhead shall have overall responsibility for the operations on the property. All work on the property in connection with the exploration expenditures shall be carried out by Tru at Copperhead's direction and at market rates. Tru chief executive officer Steve Nicol stated: "We are pleased to be entering into this option agreement on the Twilite project with Copperhead, which we see as continuing our stated aim of remaining focused upon efficiently discovering the full gold and copper potential of our flagship Golden Rose project. Monetizing an asset which is not currently the focus of exploration activities by the company strengthens the company's financial position whilst still enabling the Twilite project to be advanced." About Tru Precious Metals Corp. Tru is on a mission to build long-term shareholder value through prudent natural resource property development. The company's flagship project is the Golden Rose project, a regional-scale 297.50-square-kilometre land package in central-western Newfoundland (includes a 33.25-square-kilometre package of claims over which Tru has a 51-per-cent interest), which straddles a 45-kilometre strike length along the gold deposit-bearing Cape Ray-Valentine Lake shear zone, directly between Equinox Gold Corp.'s Valentine project and Aumega Metals Ltd.'s Cape Ray gold project. Tru is currently focused on efficiently discovering the full gold and copper potential at Golden Rose, targeting continuity along this proven gold-bearing trend. The Golden Rose project is currently subject to an earn-in agreement with Toronto Stock Exchange-listed Eldorado Gold Corp., whereby Eldorado has the option to finance $15.25-million in cash payments and exploration expenditures over five years to earn an 80-per-cent interest in the Golden Rose project. Please refer to the July 30, 2024, press release for further details of the agreement. Tru is approximately 36 per cent owned by European strategic investor Ormonde Mining PLC. Acknowledgment Tru would like to thank the government of Newfoundland and Labrador for financial support through the junior exploration assistance program and the federal government for its critical mineral assistance funding for the exploration activities at Golden Rose. We seek Safe Harbor.