TRI ORIGIN ANNOUNCES NEW MANAGEMENT AND GRANT OF STOCK OPTIONS

Aurora, Ontario, January 20, 2021 – Tri Origin Exploration Ltd. (“Tri Origin” or the “Company”) (TSX-V: TOE) is pleased to announce the appointment of Brian Jennings as Chief Financial Officer and William McGuinty as Consulting Geologist and Project Manager effective immediately. Bill has been tasked with initiating 2021 exploration activities for the Company beginning with a 3,000 metre drill program on Tri Origin’s Sky Lake property.

 

Mr. Jennings has over 30 years of financial experience and holds a Chartered Professional Accountant designation combined with a Bachelor of Science with a major in Geology. Brian has 15 years of experience as a CFO or member of the Board of Directors of several public companies in the resource, internet technology, manufacturing and aerospace industries. He has significant experience specializing in corporate restructuring with Ernst & Young and contract positions as interim CFO, turnaround management, and distressed investing.

 

William McGuinty P.Geo. has worked in Canada and internationally for Canadian stock exchange listed junior mineral exploration companies since 1981, holding progressive positions as project geologist, exploration manager, country manager and Vice-president Exploration. He served as VP Exploration for Eastmain Resources prior to its acquisition by Fury Gold Mines in 2020. Prior to Eastman Bill served as VP Exploration for Intrepid Mines Ltd. until its takeover in 2008 and for Queenston Mining Inc. until its acquisition by Osisko Mining Corporation in 2012. He is fluent in  English, French and Spanish, and is a registered Professional Geoscientist in the provinces of Ontario and Quebec.

 

In addition, pursuant to the Company’s Stock Option Plan, stock options have been granted to certain officers, directors, consultants and employees of the Company to purchase an aggregate of 1,310,000 Common shares of the Company at an exercise price of $0.28 per share for a term of five years with  service based vesting provisions to support retention (the “Options”). The Options are subject to shareholder approval.

 

About Tri Origin

 

Tri Origin is a well-funded exploration company driven by value generation through drill discovery. Tri Origin plans to conduct a drill program at its Sky Lake Gold Project in the first quarter of 2021. The Company has 48,991,685 shares outstanding with a strong portfolio of gold projects in Canada. Tri Origin Exploration Ltd. trades on the TSX Venture Exchange under the symbol TOE.

 

For more information about Tri Origin, please visit www.triorigin.com or SEDAR www.sedar.com or contact:

 

Andrew Thomson, President

Tri Origin Exploration Ltd.

Tel: (905) 727-1779

E-mail: invest@triorigin.com