Trio Gold Corp

Trio Gold Corp. ("Trio") announces that, subject to the approval of the TSX Venture Exchange, it intends to proceed with a non-brokered private placement of up to ten million units at a price of $0.05 per unit. Each unit will consist of one common share and one common share purchase warrant (the "warrant"). Finder's fees may be payable in connection with this private placement.

Each warrant will entitle the holder to purchase one common share of the company for $0.08 per share in the first 12 months from the date of closing, thereafter entitling the holder to purchase one common share at a price of $0.10 during the second year from closing, and thereafter entitling the holder to purchase one common share for $0.15 during the third year from the date of closing. The net proceeds are intended to be used for working capital purposes and for property evaluation. The shares issued pursuant to this placement will be subject to a four month hold period from the date of closing.

On May 19th, 2009 Trio signed a USD $2,000,000.00 Option Agreement with Coastal Pacific Mining Corp. ("CPM") to explore Trio's wholly-owned twenty-nine claim Rodeo Creek property located on the prolific Carlin Gold Trend in Nevada. Under the terms of the agreement CPM has until July 15th, 2009, to complete their due diligence and provide USD $1,000,000 for drilling on the property. CPM will earn a 45% interest in the Property by providing an additional $1,000,000.00 on or before July 15th, 2010. CPM has the option to carry Trio to bankable feasibility for an additional 30% interest. Trio will receive 300,000 CPM common shares, provided CPM exercises its option. Trio will be the operator on the project. The company has several drill-ready targets, and these are expected to be tested this year and next.

For further information on the contents of this news release or the activities of the Company, contact Mr. Harry Ruskowsky, President & CEO at (403) 262-9640.