Troymet Completes Second Closing of Private Placement

Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company"):
Further to a press release dated January 2, 2009, Troymet is pleased to announce
that it has completed a second closing of a non-brokered private placement
consisting of 600,000 units ("Units") issued at a price of $0.025 per Unit for
gross proceeds of $15,000. Each Unit consists of one common share (issued on a
non-flow-through basis) and one full common share purchase warrant (a
"Warrant"). Each Warrant is exercisable into one common share for two years from
the date of issuance at a price of $0.05 during the first year of the Warrant
and at $0.10 during the second year of the Warrant. All of the securities issued
in connection with the second closing of the private placement are subject to a
four-month hold period (until May 17, 2009).


In the first closing, announced on January 2, 2009, the Corporation issued
9,200,000 common shares of the Corporation issued on a "flow-through" basis
("Flow-Through Shares") at a price of $0.025 per Flow-Through Share for gross
proceeds of $230,000 and 700,000 units ("Units") at a price of $0.025 per Unit
for gross proceeds of $17,500. Combined proceeds of both tranches of the private
placement totaling $262,500 will be used to carry out exploration and
development on Troymet's current properties, to pay accounts payable and for
general working capital. After giving effect to both closings of the private
placement, Troymet has 50,393,113 common shares issued and outstanding. The
completion of the private placement is subject to final TSX Venture Exchange
approval.