Drilling in the Shadow of World-Class Deposits TSX.V: TR 1 Drilling in the Shadow of World-Class Deposits TSX.V: TR| January 2019

Looking Forward Statement TSX.V: TR Looking Forward Statement TSX.V: TR Investors are cautioned that, except for statements of historical fact certain information contained in this document includes “forward- looking information”, with respect to performance expectation for Troubadour. Such forward-looking statements or information, including but not limited to those with respect to its exploration projects, including the acquisition, prices, metallurgical results and resource estimates, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements include without limitation, statements regarding the company’s plans, goal or objectives and future exploration results, development programs, capital and operating costs, potential mineralization, resources and reserves, and future plans of Troubadour Resources Inc.. Forward looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, or “ continue” or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause results to differ materially from expectations include risks associated with mineral exploration generally and pre-development stage projects in particular. Regulatory bodies have not reviewed and do not accept responsibility for the adequacy or accuracy of this presentation. Readers should verify any & all claims and do their due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk. This presentation contains statistical and technical data that were obtained from government or other industry publications or publicly filed documents prepared by other reporting issuers. Such reports generally indicate that they have obtained their information from sources believed to be reliable, but do not guarantee the accuracy and completeness of their information. While Troubadour believes the data extracted, or derived from the aforementioned sources to be reliable, market and industry data is subject to variations and cannot be verified due to limits on the availability and reliability of underlying data inputs, the nature of the data collection process and certain limitations and uncertainties inherent in any market as well as the inexact nature of geologic sciences. The scientific and technical disclosure in this presentation has been supervised and approved by P. McLaughlin, P. Geo., a Qualified Person as defined under NI 43-101. 2

Amarillo Project TSX.V: TR TSX.V: TR EXPERIENCE A proven record as mine finders with the corporate goal of becoming the next major copper discovery in Canada. HIGH-GRADE 0.87% COPPER* Historic trench sampling indicates the potential for near-surface, high-grade copper: 0.87% copper over 125 m*. BRITISH COLUMBIA Southwestern, BC, Canada – an established mining friendly district neighbouring current and past producing mining operations with clear path to permitting. HIGHWAY ACCESS Easy access is along maintained logging roads from highway 97. DRILLING The maiden drill campaign has commenced at the highly prospective trench target area at the Amarillo Project. ONLY 21 MILLION SHARES Attractive share structure with only 21 million shares outstanding (38 million fully diluted). *Trench Data Source: Philip, R.H.D. 1967; EMPR Assessment Report 01141 and Sutherland, IanG. 1978; EMPR Assessment Report 07790. Historical information contained in this presentation is presented for historical reference only and cannot be relied upon as the Company’s QP, as defined under NI 43-101, has not prepared nor verified the historicalinformation. 3

Company Builders TSX.V: TR TSX.V: TR Gary Schellenberg CEO, CHAIRMAN & DIRECTOR Geoff Schellenberg PRESIDENT AND DIRECTOR Mike Sieb DIRECTOR Paul Chung DIRECTOR Alastair Brownlow CFO 4

Corporate Structure CORPORATE STRUCTURE (as at December 31, 2018) NEWSLETTER WRITER COVERAGE Gwen Preston, The Resource Maven Shares Issued and Outstanding: 21,462,835 Options: 1,650,0001 100,0002 Warrants: 9,609,5253 4,320,5604 Fully Diluted 37,142,920 Working Capital: $500,000 Debt: None 52-week High/Low: $0.25/$0.12 Market Capitalization (fully diluted): $4,600,000 Insider Ownership: 10% Strike Prices: 1) @ $0.15 2) @ $0.18 3) $0.15 4) $0.18

TSX.V: TR Amarillo Project - Location TSTSXX..VV:: TRTR Canada Kemess Underground Kemess East U.S. Kemess Mine Lorraine Mt. Milligan Mine Prince George Mt. Polley Mine Afton Mine/Ajax Kamloops Highland Valley Kelowna Quesnel Latin America Amarillo Property Vancouver Victoria Major Copper Deposits City Amarillo Property Copper Mtn. Mine 6

TSX.V: TR Amarillo Project - Location TSTSXX..VV:: TRTR Strategically located in close proximity to copper producers in Canada’s most prolific copper belts. Well defined permitting process. Mining friendly. Excellent road access and local infrastructure. 7

TSX.V: TR TSTSXX..VV:: TRTR Amarillo Project Located In One of Canada’s Most Prolific Copper Belts Potential for a near-surface, high-grade copper discovery. Historic trench sampling returned 0.87% copper over 125m*. Geophysical and geochemical anomalies are consistent with a large multi-phase mineralizing system. Access is along well maintained logging roads from a major Highway. Located 30 kilometres west of Peachland. Consists of 7 mineral claims covering 4,178 hectares. *Trench Data Source: Philip, R.H.D. 1967; EMPR Assessment Report 01141 and Sutherland, IanG. 1978; EMPR Assessment Report 07790. Historical information contained in this presentation is presented for historical reference only and cannot be relied upon as the Company’s QP, as defined under NI 43-101, has not prepared nor verified the historicalinformation. 8

TSX.V: TR Amarillo Project - Trench Target Chargeability Anomaly (ms) 16 14 12 10 8 6 4 2 3D IP Survey Reveals Well-Defined Large Chargeability Anomaly Coincident with Historic 0.87% Copper Trench*. Drill target characteristic of other local porphyry deposits. 2600 N 2400 N 2200 N 2000 N 1800 N 1600 N Surface -100m -200m -300m -400m Historic Trench 0.87% Cu over 125m Large Buried Chargeability Anomaly Connected to Trench 500 Section 4800E A 0 200 400 metres SECTION (Looking NE) A’ metres 9 *Trench Data Source: Philip, R.H.D. 1967; EMPR Assessment Report 01141 and Sutherland, IanG. 1978; EMPR Assessment Report 07790. Historical information contained in this presentation is presented for historical reference only and cannot be relied upon as the Company’s QP, as defined under NI 43-101, has not prepared nor verified the historicalinformation.

Valley Floor Probable High Angle Structure TSX.V: TR Amarillo Project - Chargeability Anomaly The Amarillo Property is Host to Additional Major Exploration Targets SECOND TARGET COPPER RICH SKARN DEPOSIT 2018 Exploration program increased the tungsten soil anomaly to 4km long by 3km wide. Tungsten anomaly is closely coincident with magnetic high. Multiple large Skarn targets. Valley Floor Probable High Angle Structure 10

TSX.V TR Amarillo Project - Chargeability Anomaly (Third Target) RESISTIVE CAP ANOMALY Pronounced, highly resistive cap overlies a strong chargeability anomaly. Coincident with an overlapping Cu, Mo, Bi, Pb, Zn geochemical soil anomaly. 1.6km to the Northeast of the Trench Anomaly. 11

TSX.V: TR Amarillo Project - Summary TSTSXX..VV:: TRTR GOOD TARGET Potential near-surface, high-grade copper discovery. RECENTLY FINANCED Secured a non-brokered private placement financing of $510,000. Maiden drill program is underway at 100% owned Amarillo Project. DRILLING *Trench Data Source: Philip, R.H.D. 1967; EMPR Assessment Report 01141 and Sutherland, IanG. 1978; EMPR Assessment Report 07790. Historical information contained in this presentation is presented for historical reference only and cannot be relied upon as the Company’s QP, as defined under NI 43-101, has not prepared nor verified the historicalinformation. 12

TSX.V: TR TR: TSX.V Drilling in the Shadow of World-Class Deposits Suite 488- 625 Howe Street Vancouver, B.C. V6C 2T6 13 Corporate Inquiries: Gary Schellenberg President and Director T: 604-681-0221