Tajiri to Close First Tranche of Non-Brokered Private Placement
Tajiri to Close First Tranche of Non-Brokered
Private Placement
VANCOUVER, BC
,
Oct. 2, 2024
/CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is
pleased to announce that subject to TSX Venture Exchange approval it will close the first tranche of
the non-brokered private placement announced
September 23
rd
, 2024.
The first tranche of the offering raised proceeds of
$495,000
and will see the Company issue
9,900,000 units priced at
$0.05
per unit. Each unit consisted of one common share and one common
share purchase warrant with each warrant exercisable at
$0
.l0 for 36 months from the closing date.
The warrants are also subject to an acceleration clause whereby if, following the Closing, the closing
price of the Company's common shares for any ten (10) consecutive trading days equals or exceeds
$0.25
, the Issuer may, upon providing written notice to the holders of Warrants, accelerate the
expiry date of the Warrants to the date that is thirty (30) days following the date of such notice,
which may provided by way of regular press release.
Proceeds from the placement will be used for exploration and development of the Company's
mineral properties and for general working capital. Fees were paid on a portion of the offering in the
amount of
$32,550
cash and 651,000 Broker Warrants with the same terms as those attached to
the units. All shares issued will be subject to a mandatory four month and a day hold period.
On Behalf of the Board,
Tajiri Resources Corp.
Graham Keevil,
President & CEO
About Tajiri Resources Corp.
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.
www.tajirigold.com
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:
Contact Information: Tajiri Resources Corp., Graham Keevil, President,
CEO, 778.229.9602, [email protected]
CO: Tajiri Resources Corp.
CNW 16:06e 02-OCT-24