Triumph Gold arranges $5.41-million financing

Mr. John Anderson reports TRIUMPH GOLD ANNOUNCES $5,410,000 PRIVATE PLACEMENT Triumph Gold Corp. has arranged a non-brokered private placement of up to 10.82 million units of the company at a price of 50 cents per unit for gross proceeds of up to $5.41-million. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one additional common share at a price of 55 cents per share for a period of three years from the closing date of the offering. The net proceeds of the offering will be used for general working capital. Closing of the offering is subject to the approval of the TSX Venture Exchange. We seek Safe Harbor.