Troymet Announces $500,000 Private Placement

Troymet Exploration Corp. ("Troymet") (TSX VENTURE:TYE), is pleased to announce
that it intends to complete a non-brokered private placement of up to 10,000,000
units ("Units") at a price of $0.05 per Unit for gross proceeds of up to
$500,000. Each Unit will consist of one common share (a "Common Share") and one
Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable at
$0.10 per Common Share for a period of two years from closing. A finder's fee of
up to 8 percent of the gross proceeds of the private placement may be paid in
Common Shares on all or any portion of this private placement. Additionally,
finder's warrants exercisable into Common Shares of Troymet, may be issued in an
amount up to 8 percent of the number of Units sold under this private placement.
The finder's warrants will be exercisable into Common Shares at a price of $0.05
per Common Share for a period of two years from the date of issuance of the
finder's warrants. It is not anticipated that any new insiders will be created,
nor that any change of control will occur, as a result of the private placement.
Proceeds of the private placement will be used for Troymet's drilling program at
McClarty Lake, MB, and for general corporate purposes. Closing of the financing
is anticipated to occur on or around December 15, 2009.


This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in Troymet's disclosure documents on the SEDAR website at
www.sedar.com. The corporation does not undertake to update any forward-looking
information except in accordance with applicable securities laws.