Tajiri Resources - Corporate Update

Tajiri Resources - Corporate Update

VANCOUVER, BC

,

Oct. 8, 2020

/CNW/ -

Tajiri Resources Corp.

(the "Company") (TSXV: TAJ) is

providing additional information to stakeholders with regards to the filing of the Company's quarterly

and audited financial statements as detailed in news released

September 28, 2020

.

Trading in the Company's securities has been halted by the British Columbia Securities Commission

pursuant to a cease trade order dated

October 7, 2020

, as a result of the Company's failure to file

its interim financial statements for the three months ended

July 31, 2020

(and corresponding MD&A

and certifications).

Due to the impact of COVID-19 and measures taken to protect the public and contain the outbreak

the Company encountered difficulties completing certain matters relating to the filing of its audited

financial statements for the fiscal year ended

April 30, 2020

, and as a result has been providing

updates on the basis it would be seeking to use much needed exemptions made available to

reporting issuers during this difficult time. As the finalization of the audit predicates the completion

and filing of the subsequent quarterly financial statements, the Company was unable to complete the

July 31, 2020

interim statements in a timely manner.

The Company expects its annual audited financial statements will be completed by

October 13,

2020

; and that it will be able to file its interim financial statements for the three months ended

July

31, 2020

, and resume trading shortly thereafter.

Management is not aware of any material information other than that provided via news release at

this time.

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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http://www.newswire.ca/en/releases/archive/October2020/08/c0973.html

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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], www.tajirigold.com

CO: Tajiri Resources Corp.

CNW 15:21e 08-OCT-20