Tajiri Resources Closes First Tranche of $2.5 Million Private Placement
Tajiri Resources Closes First Tranche of $2.5
Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 20, 2026) - Tajiri Resources Corp. (TSXV:
TAJ) (the "
Company
" or "
Tajiri
") is pleased to announce that on Monday, April 20, 2026, it closed the
first tranche (the "
First
Tranche
") of its previously announced non-brokered private placement offering
(the "
Offering
") of units ("
Units
") of the Company. The First Tranche consisted of 11,752,223 Units at a
price of $0.18 per Unit for aggregate gross proceeds to the Company of approximately $2,115,400. The
Company will aim to close the second (final) tranche of the Offering on or about April 24, 2026.
Each Unit consisted of one common share of the Company (each, a "
Common Share
") and one-half of
one common share purchase warrant (each, whole warrant a "
Warrant
"). Each Warrant is exercisable
by the holder to acquire one Common Share at a price of C$0.40 per Common Share until October 20,
2027.
In connection with the Offering, the Company paid $117,240 to certain eligible finders in consideration
for introducing certain purchasers to the Company.
The net proceeds from the Offering are expected to be used for the exploration and development of the
Company's mineral projects, future acquisitions, and general working capital purposes.
The Offering remains subject to final acceptance by the TSX Venture Exchange (the "
TSXV
") and all
regulatory approvals.
All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and
one day from the date of closing, in accordance with applicable securities laws.
An insider of the Company subscribed for approximately $45,000 worth of Units in the First Tranche.
This participation by an insider constitutes a "related party transaction" within the meaning of Multilateral
Instrument 61-101 -
Protection of Minority Shareholders in Special Transactions
("
MI 61-101
"). The
Company has relied on applicable exemptions from the formal valuation and minority approval
requirements in Sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101. No new insiders were created,
nor has there been any change of control, as a result of the First Tranche. The Company did not file a
material change report with respect to the insider's participation more than 21 days before the expected
closing of the First Tranche, as the details and amounts of insider participation were not finalized until
closer to the closing and the Company wished to close the First Tranche as soon as practicable for
sound business reasons.
The securities to be issued pursuant to the Offering have not been registered under the U.S. Securities
Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements. This release does not constitute an offer to sell
or a solicitation of an offer to buy of any securities in the United States.
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 the emerging premier gold destination of Guyana, South America. Lead by a team of
industry professionals with a combined 100 plus years' experience - 40 of that in Guyana; and a track
record of discovering ~20 million ounces of gold across Western Australia, West Africa and Guyana -
the Company's goal is to create value through exploration and discovery.
Contact Information:
Tajiri Resources Corp.
Graham Keevil
President, CEO
778-229-9602
www.tajirigold.com
Forward-Looking Statements
This news release contains "forward-looking information" and "forward-looking statements" (collectively,
"
forward-looking statements
") within the meaning of applicable Canadian securities legislation. 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, including, without limitation,
statements with respect to the receipt of required regulatory approvals (including approval of the TSXV),
the anticipated use of proceeds of the Offering, the anticipated closing date of future tranches of the
Offering and the Company's future plans and objectives.
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", "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", "could", "would", "might" or "will" be
taken, occur or be achieved) are not statements of historical fact and may be forward-looking
statements.
Forward-looking statements contained herein are made as of the date of this press release, and the
Company disclaims, except as required by law, any obligation to update any forward-looking statements
whether as a result of new information, future events 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, readers are cautioned not to place
undue reliance on forward-looking statements.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/293539