Troon Announces Special Meeting Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Troon Ventures Ltd. (NEX:TVN.H) ("Troon" or the "Company") is pleased to
announce results of the voting at its special meeting of shareholders held on
February 13, 2014, in Vancouver, British Columbia (the "Meeting") at which the
Company received overwhelming shareholder approval of its proposed business
combination with Grenville Strategic Royalty Corp. and its related plan of
arrangement (the "Transaction") with over 99% of tendered shares voted in favor.


At the Meeting, shareholders of the Company also approved a continuance of the
Company from British Columbia into Ontario and adopted a new stock option plan
pursuant to which the Company will issue options to acquire up to an aggregate
of 1,267,289 common shares in connection with the Transaction. 


The closing of the Transaction is scheduled to occur on February 19, 2014. The
Transaction is subject to the Company obtaining final approval of the TSX
Venture Exchange and a final order from the Supreme Court of British Columbia
approving the Company's proposed plan of arrangement. A news release will be
issued once the Transaction has closed. 


A summary of the Transaction is provided in the Company's news releases dated
November 26, 2013, December 18, 2013 and January 16, 2014. 


ON BEHALF OF THE BOARD, TROON VENTURES LTD.

Andrea Zaradic, President, CEO and Director

Completion of the Transaction is subject to a number of conditions, including
Exchange acceptance and shareholder approval. The Transaction cannot close until
all required approvals have been obtained. There can be no assurance that the
Transaction will be completed as proposed or at all.


Investors are cautioned that, except as disclosed in the Management Information
Circular to be prepared in connection with the Transaction, any information
released or received with respect to the Transaction may not be accurate or
complete and should not be relied upon. Trading in the securities of Troon
should be considered highly speculative.


Raymond James Ltd., subject to completion of satisfactory due diligence, has
agreed to act as sponsor to Troon in connection with the Transaction. An
agreement to sponsor should not be construed as any assurance with respect to
the merits of the Transaction or the likelihood of completion of the
Transaction.


TSX Venture Exchange has in no way passed upon the merits of the Transaction.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Troon and Grenville caution the reader that there is no guarantee that any of
the potential outcomes from the Agreement will actually occur or be finalized.
Certain information contained herein constitutes "forward-looking information"
under Canadian securities legislation. Forward-looking information includes, but
is not limited to statements with respect to: issuing options; the closing of
the Transaction; the closing date of the Transaction; obtaining final approval
from the TSX Venture Exchange; obtaining a final order from the British Columbia
Supreme Court; and issuing a news release on closing. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as
"expects" or "it is expected", or variations of such words and phrases or
statements that certain actions, events or results "will" occur. Forward-looking
statements are based on the opinions and estimates of management as of the date
such statements are made and they are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of Troon or Grenville to be materially
different from those expressed or implied by such forward-looking statements or
forward-looking information, including: the receipt of all necessary regulatory
approvals, the ability to conclude the Transaction, capital expenditures and
other costs, and financing and additional capital requirements. Although
management of Troon and Grenville have attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward looking information. Neither Troon nor
Grenville undertakes to update any forward-looking statements or forward-looking
information that are incorporated by reference herein, except as required by
applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Troon Ventures Ltd.
Andrea Zaradic
President, CEO and Director
1-778-330-1299


Troon Ventures Ltd.
Chris Curran
1-778-330-1299
[e-mail]
www.troonventures.com