Troubadour Announces Share Consolidation

Core Viewpoint - Troubadour Resources Inc. has announced a share consolidation, converting ten pre-consolidation common shares into one post-consolidation common share, which was approved by shareholders at the annual general and special meeting on March 11, 2026 [2]. Share Consolidation Details - The company currently has 70,068,574 common shares issued and outstanding, and after the consolidation, it is expected to have approximately 7,006,857 common shares outstanding, subject to rounding [3]. - No fractional shares will be issued; any resulting fractional shares will be rounded down to the nearest whole share without compensation [4]. - The exercise or conversion price of the company's outstanding convertible securities will be proportionately adjusted upon the consolidation [4]. Trading Information - Post-consolidation, the company's common shares will continue to trade on the TSX Venture Exchange under the symbol "TR" [5]. - The completion of the consolidation is subject to final approval from the TSX Venture Exchange [5]. Company Overview - Troubadour Resources Inc. is focused on the acquisition and exploration of critical mineral and precious metal properties that are drill-ready with high-upside and expansion potential [6].