True North Gems Grants Stock Options

True North Gems Inc. (TSX VENTURE:TGX) announces that it has granted 7,050,000
stock options to its directors, officers and consultants. The options have an
exercise price of $0.12 per share and will expire on November 15, 2018.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


This document contains "forward-looking information" and "forward-looking
statements" (together, "forward looking statements") within the meaning of
applicable securities legislation, which are made as of the date of this
document or the document(s) referred to herein. Statements that express
predictions, expectations, beliefs, plans, projections, objectives, assumptions
or future events or performance (often, but not always, using words or phrases
such as "expects", "anticipates", "plans", "projects", "estimates", "intends",
"strategy", "goals", "objectives" or variations thereof or stating that certain
actions, events or results "may", "could", "would", "might" or "will" be taken,
occur or be achieved, or the negative of any of these terms and similar
expressions) are not statements of historical fact and may be forward-looking
statements. Forward-looking statements include, without limitation, statements
with respect to: the amount of mineral reserves and mineral resources; the
amount of future production over any period; net present value and internal
rates of return of the proposed mining operation; capital costs; operating
costs; strip ratios and mining rates; and mine life. The forward-looking
statements are made based upon certain assumptions which, if untrue, could cause
the actual results, performances or achievements of the Company to be materially
different from future results, performances or achievements expressed or implied
by the forward-looking statements. These assumptions include, without
limitation: the price of gemstone products produced; anticipated costs; the
presence of and continuity of gemstones at modeled grades and values; the
capacities of various machinery and equipment; the availability of personnel,
machinery and equipment at estimated prices; exchange rates; appropriate
discount rates; tax rates applicable to the proposed mining operation;

financing structure and costs; anticipated mining losses and dilution; gemstone
recovery rates; reasonable contingency requirements; and receipt of regulatory
approvals on acceptable terms. By their very nature, forward-looking statements
involve inherent risks and uncertainties that could cause actual results,
performances or achievements to differ materially from those in the
forward-looking statements. These include, without limitation: price volatility,
discrepancies between actual and estimated production, mineral reserves and
resources and metallurgical recoveries, mining operational and development
risks, regulatory restrictions (including environmental regulatory restrictions
and liability), activities by governmental authorities (including changes in
taxation), currency fluctuations, the speculative nature of gemstone
exploration, the global economic climate, dilution, share price volatility,
competition, loss of key employees; additional funding requirements and
defective title to mineral claims or property). This list is not exhaustive. See
also, for example, the risks disclosed in the Company's other disclosure
documents filed at www.sedar.com, including, without limitation, those disclosed
in the Company's management's discussion & analysis. The Company expressly
disclaims any intention or obligation to update or revise any forward-looking
statements, except as otherwise required by applicable securities legislation. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
True North Gems Inc.
Nicholas Houghton
President and CEO
604-687-8055


True North Gems Inc.
Joanna Hall
Corporate Coordinator
604-687-8055
[e-mail]
www.truenorthgems.com