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(MENAFN - Newsfile Corp) TRU Precious Metals Announces Private Placement of Subscription Receipts with a Lead Order from Palisades Goldcorp Fredericton, New Brunswick (Newsfile Corp. - February 16, 2021) - TRU Precious Metals Corp. (TSXV:TRU) (OTCQB:TRUIF) ( TRU or the Company ) is pleased to announce that it intends to undertake a non-brokered private placement for minimum gross proceeds of C$1,000,000 (the Offering ), subject to TSX Venture Exchange (the Exchange ) approval, with a lead order from Palisades Goldcorp Ltd. The Offering shall consist of not less than 4,545,455 subscription receipts (the Subscription Receipts ) at a price of $0.22 per Subscription Receipt. Each Subscription Receipt will, upon completion of the Company s Change of Business (as defined below) and certain other customary conditions for a transaction of this nature, be automatically exercised into one unit of the Company (each, a Unit ). Each Unit will be comprised of one (1) common share in the

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