Troy Resources NL
ASX : TRY
TSX : TRY

Troy Resources NL

November 05, 2009 02:30 ET

Troy Resources NL: Shareholder Letters Re Entitlements Issue

PERTH, WESTERN AUSTRALIA--(Marketwire - Nov. 5, 2009) - Troy Resources NL ("Troy") (TSX:TRY)(ASX:TRY) -

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Please find attached copies of letters to be mailed to shareholders today regarding the Pro-Rata Non-Renounceable "Entitlements Issue". The first letter is to be mailed to those shareholders able to participate in the Entitlements Issue. The second letter is to be mailed to shareholders in Countries where it is unreasonable to make an offer under the entitlements issue. This announcement and attached letters can be accessed via the Troy Website www.try.com.au "Latest News" and will also be available under the Companies profile on the SEDAR website www.sedar.com.

Information of a scientific or technical nature in this report was prepared under the supervision of Peter J. Doyle, Vice President Exploration and Business Development of Troy, a "qualified person" under National Instrument 43-101 – "Standards of Disclosure for Mineral Projects", and is a member of the Australasian Institute of Mining and Metallurgy. Mr. Doyle has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration, and to the activity he is undertaking, to qualify as a "competent person" as defined in the 2004 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Doyle has reviewed and approved the information contained in this report. For further information regarding the Brazil, Australia and Argentina projects, including a description of Troy's quality assurance program, quality control measures, the geology, samples collected and testing procedures in respect of the Troy's project please refer to the technical report which are available under the Company's profile at www.sedar.com.

This report contains forward-looking statements. These forward-looking statements reflect management's current beliefs based on information currently available to management and are based on what management believes to be reasonable assumptions. A number of factors could cause actual results, performance, or achievements to differ materially from the results expressed or implied in the forward looking statements. Such factors include, among others, future prices of gold, the actual results of current production, development and/or exploration activities, changes in project parameters as plans continue to be refined, variations in ore grade or recovery rates, plant and/or equipment failure, delays in obtaining governmental approvals or in the commencement of operations

ABN 33 006 243 750

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