Taranis Resources Inc. grants Incentive Stock Options

FOR IMMEDIATE RELEASE

Taranis Resources Inc.

14247 West Iliff Avenue Lakewood, Colorado 80228-5421 www.taranisresources.com

Taranis Resources Inc. grants Incentive Stock Options

Lakewood, Colorado, January 27, 2016 – Taranis Resources Inc. ("Taranis") [TSX.V: TRO] announces that it has granted incentive stock options to its directors and officers, entitling them to purchase up to a total of 1,000,000 common shares at a price of $0.05 per share for a period of five years.

About Taranis Resources Inc.

Taranis currently has 46,866,116 shares issued and outstanding (51,491,116 shares on a fullydiluted basis).

TARANIS RESOURCES INC.

Per: John J. Gardiner (P. Geol.), President and CEO

For further information contact:

John Gardiner 14247 West Iliff Avenue Lakewood, Colorado Phone: (303) 716-5922 Cell: (720) 209-3049 [email protected]

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 NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.

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