Tajiri Resources Closes $ 116,000 Non-Brokered Private Placement
Vancouver, BC, Canada April 25, 2012, Tajiri Resources Corp. (or “the Company”) (TSXV: TAJ) reports that it has closed the non-brokered private placement as announced March 22, 2012. The Company will issue 1,160,000 units at a price of $0.10 per unit with each unit consisting of one common share and one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share of the Company at $0.15 cents for 12 months.
The net proceeds of the private placement will be used for general working capital purposes.
About Tajiri Resources Corp.
Tajiri Resources Corp is a Canadian junior exploration company with 80% interest in the Gateau Uranium and Rare Earth group of claims in the Otish Basin of Quebec and an option agreement to acquire 100% interest in the INCA property, a high grade Silver-Lead-Zinc exploration property located in the Mayo Mining District, Yukon Territory, Canada. The Company also recently signed an agreement with Arrowhead Gold Corp of Vancouver to acquire a 51% working interest in the hard rock mining rights to the Kaburi Gold Property, Omai Mining District, Guyana, SA.
On Behalf of the Board,
Tajiri Resources Corp.
“Albert (Rick) Timcke”
President
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.
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.
1450 – 409 Granville St. Vancouver, British Columbia V6C 1T2 Telephone 604-642-0115 Facsimile 604-642-0116 Email [email protected] Toll Free 866-345-0115