Reissue: Tajiri to Close Third and Final Tranche of Previously Announced Non- Brokered Private Placement

Reissue: Tajiri to Close Third and Final

Tranche of Previously Announced Non-

Brokered Private Placement

VANCOUVER

,

Jan. 21, 2020

/CNW/ -

Tajiri Resources Corp.

(the "Company") (

TSX VENTURE:

TAJ

) is pleased to report that subject to final TSX Venture Exchange (the "Exchange") approval it

will close the third and final tranche of a non-brokered private placement originally announced

December 05

th

, 2019.

The final tranche of the placement will result in the Company issuing 2,110,000 units for proceeds of

CDN$105,500

. Each unit was priced at

$0.05

per, and consisted of one common share, and one half

of one common share purchase warrant. Each whole warrant entitles the purchaser to acquire an

additional common share in the capital of the Company at a price of

$0.20

for a period of 24 months

from the closing date. There were a total 8 subscribers in this tranche. All securities issued will be

subject to the Exchanges mandatory four month and one day hold period. The Company paid fee's in

the amount of

CDN$5,640

and will issue 56,400 broker warrants governed by the same terms as

mentioned above.

Funds will be used to finance on-going project maintenance costs, evaluation of potential

acquisitions, and general working capital.

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

reflected in the forward-looking statements. The Company disclaims any intention or obligation to

revise or update such statements.

SOURCE

Tajiri Resources Corp.

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For further information:

Tajiri Resources Corp., Graham Keevil, President, CEO, 604-642-0115 or

Toll Free 866-345-0115, 604-642-0116 (FAX), [email protected]

CO: Tajiri Resources Corp.

CNW 14:08e 21-JAN-20