Tajiri Resources Cancels Second Tranche of Previously Announced Offering, Arranges $100,000 Non-Brokered Private Placement.
Tajiri Resources Cancels Second Tranche of
Previously Announced Offering, Arranges
$100,000 Non-Brokered Private Placement.
VANCOUVER, BC
,
Oct. 4, 2023
/CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ)
reports that it not proceed with the second tranche of a non-brokered private placement originally
announced
June 27
th
, 2023. Details of the closing of the first and only tranche of the placement were
provided in news dated
August 15
th
, 2023.
The Company will now arrange a non-brokered private placement of shares priced at
$0.02
per
share of up to
$100,000
. Proceeds will be used for general working capital purposes. As the
placement will also rely on the TSX Venture Exchanges "Minimum Pricing Exemption" part of Policy
1.1l and for further clarity proceeds raised through the offering will go toward ongoing administrative
expenses of the Company. These may include but not be limited to maintenance of the Company's
Transfer Agent, approved newswire services provider, SEDAR filing agents, and other required
corporate activities as they become necessary under Exchange Policy 2.5 "Continued Listing
Requirements". Fee's may be paid on a portion of the offering, insiders may subscribe for a portion
of the offering. No more than 10% of proceeds will go toward Invest Relations activities or other any
specific use and no proceeds will be paid used to service debt owed to any of the placees. Some
Non-Arm's Length parties will receive payments based on consulting work provided in the form of
management services and administration of Company affairs.
Closing will require the approval of the TSX Venture Exchange, and all shares issued will be subject
to the mandatory four month and one day hold period before legend removal.
On Behalf of the Board,
Tajiri Resources Corp.
Graham Keevil
,
President & CEO
About Tajiri
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
. Lead 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 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.
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:
Tajiri Resources Corp., Graham Keevil, President, CEO, 778-229-9602,
[email protected], www.tajirigold.com
CO: Tajiri Resources Corp.
CNW 18:17e 04-OCT-23