Closes First Tranche of Non-Brokered Private Placement
TSXV:TAJ
608 – 409 Granville St. Vancouver, British Columbia V6C 1T2
Telephone 604-642-0115 Facsimile 604-642-0116 Email [email protected] Toll Free 866-345-0115
Closes First Tranche of
Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA - (October 24th, 2017) - Tajiri Resources Corp. (the "Company") (TSX
VENTURE: TAJ) reports that subject to final TSX Venture Exchange approval the Company will close the first
tranche of a non -brokered private placement originally announced October 12 th, 2017. The closing will see the
Company issue 1,300,000 units for proceeds of CDN$130,000 . The units were priced at $0.10 and include one
common share and one half of a common share purchase warrant exercisable at $0.20 for 24 months from the
closing date. The Company paid fees on this portion of the offering in the amount of CDN$10,400 and will issue
104,000 broker warrants with the same terms as above equal to 8% of the units placed.
Proceeds from the offering will fund ongoing acquisitions and related costs in Guyana, South America ,
where the Company is already a dominant gold exploration land holder ; owning, or with an option to ow n 100% of:
the Kaburi, Winters Mine, Frenchman’s Creek Mine, and Kanainamapau properties .
The collective holdings total over 3 002KM of highly -prospective mining licenses that have been the source of
significant alluvial gold production . The Kaburi Gold P roperty is the Company’s most advanced asset , and is
contiguous to Troy Resources Ltd.’s Karouni Gold Mine — a 75,000 ounce per year producer, discovered by current
Tajiri Chairman Mr. Dominic O’Sullivan.
For more information on the Kaburi and other properties please visit the Company’s website at
www.tajiriresources.com.
On Behalf of the Board,
Tajiri Resources Corp.
Graham Keevil,
President, CEO
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 may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are
subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those re flected in the forward-looking statements. The
Company disclaims any intention or obligation to revise or update such statements.
Contact Information:
Tajiri Resources Corp.
Graham Keevil
President, CEO
604-642-0115 or Toll Free 866-345-0115
604-642-0116 (FAX)