TYE Troymet Exploration Corp.

Troymet Exploration Corp. ("Troymet" or the "Company") (TSX VENTURE:TYE):
Further to a press release dated November 28, 2011, Troymet is pleased to
announce that it has completed the closing of a non-brokered private placement
consisting of 268,465 common shares of the Corporation issued on a
"flow-through" basis ("Flow-Through Shares") at a price of $0.075 per
Flow-Through Share for a gross proceeds of $20,135 and 3,207,350 units ("Units")
at a price of $0.055 per Unit for gross proceeds of $176,404. Each Unit
consisted 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 one year from the date of issuance at a price of $0.15 per
share. Finder's fees in the aggregate amount of $4,400 were paid to one finder.
In addition, an aggregate of 80,000 finder's warrants (each a "Finder's
Warrant") were issued with each Finder's Warrant being exercisable into one
Common Share at a price of $0.055 per Common Share for a period of one year from
the date of issuance of the Finder's Warrants. All of the securities issued in
connection with the private placement are subject to a four-month and one day
hold period (until April 23, 2012).


Proceeds of the private placement will be used to carry out exploration and
development on Troymet's current properties and for general working capital.
After giving effect to the private placement, Troymet has 121,856,225 common
shares issued and outstanding.


The completion of the private placement is subject to final TSX Venture Exchange
approval. One director and officer and one officer of Troymet participated in
the private placement purchasing a total of 1,057,350 Units and 68,465
Flow-Through Shares and Troymet has determined that there are exemptions
available for the various requirements of TSX Venture Policy 5.9 and
Multilateral Instrument 61-101 for the issuance of these Flow-Through Shares
(Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval -
Fair Market Value Not More Than $2,500,000). No new insiders were created, nor
any change of control occurred, as a result of this private placement. 


This press release may contain "forward-looking information" within the meaning
of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein may be forward-looking
information. Generally, forward-looking information may be identified by the use
of forward-looking terminology such as "plans", "expects" or "does not expect",
"proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases, or by the use of words or phrases which state that
certain actions, events or results may, could, would, or might occur or be
achieved. This forward-looking information reflects the Company's current
beliefs and is based on information currently available to the Company and on
assumptions the Company believes are reasonable. These assumptions include, but
are not limited to, the actual results of exploration projects being equivalent
to or better than estimated results in technical reports or prior exploration
results, and future costs and expenses being based on historical costs and
expenses, adjusted for inflation. Forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the Company to
be materially different from those expressed or implied by such forward-looking
information. Such risks and other factors may include, but are not limited to:
the early stage development of the Company and its projects; general business,
economic, competitive, political and social uncertainties; commodity prices; the
actual results of current exploration and development or operational activities;
competition; changes in project parameters as plans continue to be refined;
accidents and other risks inherent in the mining industry; lack of insurance;
delay or failure to receive board or regulatory approvals; changes in
legislation, including environmental legislation, affecting the Company; timing
and availability of external financing on acceptable terms; conclusions of
economic evaluations; and lack of qualified, skilled labour or loss of key
individuals. Although the Company has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking information. The Company does not
undertake to update any forward-looking information, except in accordance with
applicable securities laws.

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