Trident Announces Delay in Year-End Financial Statement and MD&A Filing & Appointment of Officers

TORONTO, ONTARIO--(Marketwired - April 27, 2015) - Trident Gold Corp. (TSX VENTURE:TTG) ("Trident") announces that the filing of its audited consolidated financial statements for the twelve month period ended December 31, 2014 (the "Year-End Statements") and the accompanying Management's Discussion and Analysis ("MD&A") will be delayed past the April 30, 2015 deadline prescribed by applicable securities laws.

The anticipated failure to file the Year-End Statements and MD&A is due to transitions in the Chief Executive Officer and Chief Financial Officer positions. Mr. Paul Harris has been appointed President & CEO of Trident, in replacement of Timothy Russell who has pursued new opportunities. Trident thanks Mr. Russell for his service. Mr. Robert Neill has been appointed Chief Financial Officer & Corporate Secretary in replacement of Manfred Kruger who was fulfilling these responsibilities on an acting basis and has resigned from the board of directors of Trident. Trident also thanks Mr. Kruger for his service. The board of directors of Trident currently consists of Robert Neill (Chairman), Rafael Nieto, Gustavo Koch, Paul Harris and Denise Boushy.

Trident anticipates being able to complete and file the Year-End Statements and MD&A shortly but in any event not later than May 29, 2015. Pending completion of these required filings, Trident has made an application to the Ontario Securities Commission (the "OSC") for a management cease trade order ("MCTO"), which would restrict all trading in securities of the Company, whether direct or indirect, by management and insiders of the Company. There is no guarantee that an MCTO will be granted. If the MCTO is not issued by the OSC, the applicable Canadian securities regulatory authorities could issue a general cease trade order against the Company for failure to file its annual audited financial statements within the prescribed time period.

The Company intends to comply with the provisions of the alternative information guidelines as set out in the National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults for as long as it remains in default, including the issuance of bi-weekly default status reports, each of which will be issued in the form of a news release.

Trident is currently assessing it property holdings and its working capital requirements. Further announcements will be made with respect to the status of this review.

CAUTIONARY STATEMENT

NEITHER THE 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. THIS NEWS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO RISKS AND UNCERTAINTIES. ALL STATEMENTS WITHIN, OTHER THAN STATEMENTS OF HISTORICAL FACT, ARE TO BE CONSIDERED FORWARD LOOKING. ALTHOUGH THE COMPANY BELIEVES THE EXPECTATIONS EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON REASONABLE ASSUMPTIONS, SUCH STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND ACTUAL RESULTS OR DEVELOPMENTS MAY DIFFER MATERIALLY FROM THOSE IN FORWARD-LOOKING STATEMENTS. FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN FORWARD-LOOKING STATEMENTS INCLUDE MARKET PRICES, EXPLOITATION AND EXPLORATION SUCCESSES, CONTINUED AVAILABILITY OF CAPITAL AND FINANCING, AND GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS. THERE CAN BE NO ASSURANCES THAT SUCH STATEMENTS WILL PROVE ACCURATE AND, THEREFORE, READERS ARE ADVISED TO RELY ON THEIR OWN EVALUATION OF SUCH UNCERTAINTIES. WE DO NOT ASSUME ANY OBLIGATION TO UPDATE ANY FORWARD-LOOKING STATEMENTS. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY SECURITIES IN THE UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE.