TAJ.V · 2024-12-04 12:00:00

Tajiri Closes Non-Brokered Private Placement

Financings

VANCOUVER, BC

Dec. 4, 2024

/CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is

pleased to announce that it has received final acceptance from the TSX Venture Exchange ("TSXV")

and has closed its non-brokered private placement offering of units (the "Offering") previously

announced

September 23, 2024

The Offering consisted of two tranches (see news released

October 09

and

November 06

, 2024)

totalling 19,894,000 Units priced at

$0.05

per Unit for aggregate gross proceeds of

$994,700

. Each

Unit consisted of one common share (each, a "Common Share") and one common share purchase

warrant (each, a "Warrant"). Each warrant is exercisable by the holder to acquire one Common

Share at a price of

$0.10

for three years from the date of issuance, subject to the Acceleration Right

(as defined herein). If, following the date of issuance, the closing price of the Company's common

shares on the TSXV for any ten (10) consecutive trading days equals or exceeds

$0.25

, the

Company has the right, upon providing written notice to the holders of Warrants, to accelerate the

expiry date of the Warrants to the date that is thirty (30) days following the date of such notice,

which may provided by way of a news release (the "Acceleration Right"). In connection with the

Offering, the Company paid a total of

$49,679

cash and issued 992,580 non-transferable Broker

Warrants, bearing the same terms as those attached to the units, including the acceleration right, to

certain finders in consideration for introducing certain purchasers to the Company. Pursuant to

applicable Canadian securities laws, all securities issued in connection with the Offering are subject

to a four (4) month hold period from the date of issuance.

Proceeds from the Offering for the exploration and development of the Company's mineral

properties and for general working capital purposes with roughly

$30,000

of the proceeds raised in

the first tranche to be used toward the acquisition of the Yono Gold Property in

Guyana

. The

Company will not be proceeding with the previously announced third tranche of the placement at this

time and the placement has now officially been closed.

On Behalf of the Board,

Tajiri Resources Corp.

Graham Keevil

President & CEO

About Tajiri Resources Corp.

Tajiri Resources Corp. is a junior gold exploration and development company with exploration

assets located in two of the worlds least explored and highly prospective greenstone belts of

Burkina Faso

West Africa

and

Guyana

South America

. Led by a team of industry professionals

with a combined 100 plus years' experience the Company continues to generate shareholder value

through exploration.

This news release contains "forward-looking information" and "forward-looking statements"

(collectively, "forward-looking statements") within the meaning of the applicable Canadian

securities legislation, including but not limited to expected size of the second tranche, the proposed

use of proceeds of the Offering, the anticipated closing date of the second tranche of the Offering,

the closing Project acquisition and receipt of the approvals required and related thereto. All

statements, other than statements of historical fact, are forward-looking statements and are based

on expectations, estimates and projections as at the date of this news release. Any statement that

involves discussions with respect to predictions, expectations, beliefs, plans, projections,

objectives, assumptions, future events or performance (often but not always using phrases such as

"expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans",

"budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words

and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or

"will" be taken to occur or be achieved) are not statements of historical fact and may be forward-

looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors

which may cause the actual results, performance or achievements of the Company to be materially

different from any future results, performance or achievements expressed or implied by the

forward-looking statements. Forward-looking statements contained herein are made as of the date

of this news release and the Company disclaims, other than as required by law, any obligation to

update any forward-looking statements whether as a result of new information, results, future

events, circumstances, or if management's estimates or opinions should change, or otherwise.

There can be no assurance that forward-looking statements will prove to be accurate, as actual

results and future events could differ materially from those anticipated in such statements.

Accordingly, the reader is cautioned not to place undue reliance on forward-looking 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 release.

SOURCE

Tajiri Resources Corp.

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For further information:

Contact Information: Tajiri Resources Corp., Graham Keevil, President,

CEO, 778.229.9602, [email protected], www.tajirigold.com

CO: Tajiri Resources Corp.

CNW 18:54e 04-DEC-24

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