TRU Precious Metals Corp. announced the acquisition of 14 mineral claims at its Golden Rose Project ("Golden Rose") in Central Newfoundland. These new mineral claims are located along the same trend as the Company's Mark's Pond target, which recently returned high-grade gold ("Au") channel sampling results including 57.6 g/t Au over 2.5 m, 34 g/t Au over 2 m & 23.5 g/t Au over 2 m. The Company has completed an asset purchase (the "Acquisition") of two mineral licenses, comprising an aggregate of 14 mineral claims (the "Acquired Claims") on 3.5 km2 of land contiguous to Golden Rose, from two arm's length vendors (the "Vendors").

Transfer of the Acquired Claims into the Company's name is currently being completed by the governmental mining recorder. The Company had previously engaged one of the Vendors, Stephen Stockley Agriculture and Fabrication Inc. (SSAF Exploration), for exploration work. As consideration for the Acquisition, the Vendors were paid $16,000 cash and were granted a 1% Net Smelter Returns Royalty in respect of the Acquired Claims, which royalty can be fully repurchased for $1,000,000.

In addition, in the event TRU delineates a Measured and/or Indicated Mineral Resource Estimate, completed in accordance with CIM and NI 43-101 standards and guidelines, equal to at least 1,000,000 ounces of gold (at a 1 g/t cut-off grade) contained within the Acquired Claims, TRU shall make an additional one-time cash payment of $250,000 to the Vendors.