Tajiri Secures Shareholder Approval for Yono Gold Acquisition
Tajiri Secures Shareholder Approval for Yono
Gold Acquisition
VANCOUVER, BC
,
Feb. 28, 2025
/CNW/ - Tajiri Resources Corp. (the "Company" or "Tajiri")
(TSXV: TAJ) is pleased to announce that, in accordance with the rules of the TSX Venture Exchange
(the "TSXV"), it has received shareholder approval for its previously announced proposed acquisition
of the Yono Gold Property located in
Guyana
,
South America
.
The Yono Gold Property is strategically situated just 170 metres from significant gold resources
totalling approximately 5.2 million and 2.7 million ounces (Indicated and Inferred) on the adjacent
Oko and Oko West Properties, owned by G2 Goldfields and G Mining Ventures.
1
CEO & President
Graham Keevil
commented:
"As we move forward with the acquisition of the
Yono Gold Property, I'm thrilled by this strong show of shareholder support. Through direct
engagement, we reached a majority of disinterested Tajiri shareholders and secured approval in
under 10 days. I believe this not only speaks to the enthusiasm investors have with respect to the
Yono Project but also the close relationship we maintain with our shareholders. We look forward to
finalizing the remaining closing steps soon and beginning our work on the property."
The Company is working to satisfy the TSXV requirements for the acquisition of the Yono Gold
Property under Section 5.7 of TSXV Policy 5.3. To obtain final approval from the TSXV, the
Company is required to: (i) submit a financial plan demonstrating sufficient resources to cover
obligations for six months post-closing and the first phase of the recommended work program;
(ii) provide required personal information forms for certain insiders as acknowledged by the TSXV,
with final closing subject to their completion and clearance; (iii) provide a legal title opinion confirming
Nebula Resources Inc.'s authority to transfer the Yono Gold Property interest; and (iv) pay the
remaining filing fee of $14,700 to the TSXV.
Until the closing of the acquisition of the Yono Gold Property, the Company will provide status
updates through follow-up news releases at 30-day and 90-day intervals.
___________________________
1
The Company cautions that information concerning mineralization on adjacent properties is not necessarily indicative of mineralization on the Yono Gold Property. The disclosure of
mineral resources, mineral reserves, or historical estimates from adjacent properties is based on publicly available information, which has not been verified by the Company or its
qualified person. The Company has no interest in or right to explore or develop the adjacent properties referenced in this news release, and there is no assurance that similar
mineralization or results will be encountered on the Yono Gold Property. Investors are urged not to place undue reliance on this information when assessing the Company's
prospects.
Qualified Person
The scientific and technical contents of this news release have been reviewed and approved by
Dominic O'Sullivan
. Mr. O'Sullivan is a geologist, member of the AusIMM and a qualified person, as
defined by National Instrument 43-101 –
Standards of Disclosure for Mineral Projects
. However, Mr.
O'Sullivan is not independent of the Company by virtue of his position as Executive Chairman.
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 prolific 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.
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 the 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; estimated timing, obtaining the final approval of the TSXV, geological
interpretations relating to the Yono Gold Property and potential mineral recovery processes or
results. 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", or "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" or
"could", "would", "might" or "will" be taken to 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, other than as required by law, any obligation to update any forward-
looking statements whether as a result of new information, results, future events, circumstances, or
if management's estimates or opinions should change, 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, the reader is 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 and / or accuracy of this release.
SOURCE
Tajiri Resources Corp.
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For further information:
Contact Information: Tajiri Resources Corp., Graham Keevil, President,
CEO, 778-229-9602, [email protected]
CO: Tajiri Resources Corp.
CNW 08:30e 28-FEB-25