Taranis Announces Private Placement

FOR IMMEDIATE RELEASE

Taranis Resources Inc.

681 Conifer Lane Estes Park, Colorado 80517 www.taranisresources.com

Taranis Announces Private Placement

Not for dissemination or distribution in the United States and not for distribution to United States Newswire services

Estes Park, Colorado, March 10, 2026 – Taranis Resources Inc. (“Taranis” or the “Company”) [TSX.V: TRO, OTCQB: TNREF] is pleased to announce a non-brokered private placement (the “Offering”) of the sale of up to 1,400,000 units (the “Units”) at a price of $0.18 per Unit for gross proceeds of p to $252,000, with each Unit to consist of one common share and one non-transferable share purchase warrant (each a “Warrant”), with each Warrant to entitle the holder to purchase one additional common share at a price of $0.25 for a period of 36 months from closing.

The proceeds from the Offering will be used to incur further exploration expenses at the Company’s Thor property in southeastern British Columbia, as well as for working capital purposes

Qualified Person

Exploration activities at Thor are overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner, P.Geo. is a principal of John J. Gardiner & Associates, LLC, which operates in British Columbia under Firm Permit Number 1002256.

For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com

Taranis currently has 102,421,487 shares issued and outstanding (119,972,613 shares on a fully-diluted basis).

TARANIS RESOURCES INC.

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

For further information contact:

John J. Gardiner 681 Conifer Lane Estes Park, Colorado 80517 Phone: (720) 209-3049 [email protected] The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for the sale of securities, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

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.