Tajiri Resources Corp. Closes $869,999 First Tranche of Non-Brokered Private Placement
Tajiri Resources Corp. Closes $869,999 First
Tranche of Non-Brokered Private Placement
VANCOUVER, BC
,
Nov. 25, 2021
/CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is
pleased to announce that subject to final TSX Venture approval it will close the first tranche of its
previously announced non-brokered private placement for proceeds of
$869,999.94
through the
issuance of 14,499,999 units.
The oversubscribed tranche will see the Company issue the units at
$0.06
per, with each unit
consisting of one common share and one common share purchase warrant. Each warrant is
exercisable into an additional common share at a price of
$0.10
for 36 months from closing. Insiders
subscribed for 3,134,999 units in the offering and the Company will pay fees of
$10,600
and issue
180,600 Broker Warrants on a portion of the offering with the warrants bearing the same terms as
those attached to the units. Proceeds will be used for ongoing exploration and development work at
the 100% owned Reo Gold Project,
Burkina Faso
,
West Africa
, and general corporate purposes.
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
. 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 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,
[email protected], www.tajirigold.com
CO: Tajiri Resources Corp.
CNW 19:12e 25-NOV-21