Tajiri to Increase and Extend the Final Tranche of On-Going Non-Brokered Private Placement

Tajiri to Increase and Extend the Final

Tranche of On-Going Non-Brokered

Private Placement

VANCOUVER, Jan. 2, 2020 /CNW/ - Tajiri Resources Corp. (the

"Company") (TSX VENTURE: TAJ) is pleased to report that subject to

final TSX Venture Exchange (the "Exchange") approval that due to

increased market interest it will extend, and increase the third tranche

of its non-brokered private placement originally announced December

05th, 2019 by up to CDN$100,000.

The first tranche of the placement saw the Company issue 2,950,000

units for proceeds of CDN$147,500. The second tranche of the

placement saw the Company issuing 3,640,000 units for proceeds of

CDN$182,000. Each unit was priced at $0.05 per, and consisted of

one common share, and one half of one common share purchase

warrant. Each whole warrant entitles the purchaser to acquire an

additional common share in the capital of the Company at a price of

$0.20 for a period of 24 months from the closing date. Terms will

remain the same for this third and final tranche.

Funds will be used to finance on-going project maintenance costs,

evaluation of potential acquisitions, and general working capital. The

Company will provide an update on closing of the third and final

tranche of the placement as details become available.

On Behalf of the Board,

Tajiri Resources Corp.

Graham Keevil,

President, CEO

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.

SOURCE Tajiri Resources Corp.

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For further information: Tajiri Resources Corp., Graham Keevil,

President, CEO, 604-642-0115 or Toll Free 866-345-0115, 604-642-

0116 (FAX), [email protected]

CO: Tajiri Resources Corp.

CNW 15:34e 02-JAN-20