Trillium Gold Mines Completes Plan of Arrangement to Acquire Pacton Gold - Seite 2

Payment of Success Based Compensation to Haywood

Prior to the completion of the Arrangement, Pacton issued 405,034 Pacton Shares (the “Compensation Shares”) to Haywood Securities Inc., along with a cash fee (together with the Compensation Shares, the “Compensation”), for acting as financial advisor to Pacton in connection with the Arrangement. Payment of the Compensation was made in accordance with TSXV Policy 4.3 – Shares for Debt and approved by the TSXV.

Advisors and Legal Counsel

Red Cloud Securities Inc. acted as Trillium’s financial advisor and Haywood Securities Inc. acted as Pacton’s financial advisor.

Fasken Martineau DuMoulin LLP acted as legal counsel to Trillium and Cozen O’Connor LLP acted as legal counsel to Pacton.

About Trillium Gold Mines Inc.

Trillium Gold Mines Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. As part of its regional-scale consolidation strategy, the Company has assembled one of the largest prospective land packages in and around the Red Lake mining district in proximity to major mines and deposits, as well as along the Confederation Lake and Birch-Uchi greenstone belts.

The closing of the acquisition of Pacton Gold Inc. extends Trillium’s ownership in Red Lake to over 89,600 hectares of prospective and diversified exploration properties with significant potential for gold and critical minerals on trend with the major structures hosting known gold occurrences in the Red Lake mining district today.  A portfolio of prospective projects in Western Australia has also been acquired.

For further information, please contact:

Trillium Gold Mines Inc.                                 

Russell Starr                                                 
President, CEO and Director