Tajiri to Raise $1,500,000 with Non-Brokered Private Placement
Tajiri to Raise $1,500,000 with Non-Brokered
Private Placement
VANCOUVER, BC
,
Sept. 23, 2024
/CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is
pleased to announce that subject to TSX Venture approval it will raise
CDN$1,500,000
by way of
non-brokered private placement. The placement will see the Company sell units priced at
$0.05
, with
each unit consisting of one common share in the capital of the Company, and one common share
purchase warrant. The warrant will entitle the holder to purchase an additional common share of the
Company at a price of
$0.10
for a period of three years from the closing date. The warrants will be
subject to an acceleration clause that stipulates should the common shares of the Company close at,
or above,
$0.25
for ten consecutive trading days they will be called for exercise within 30 days of
the Company providing notice to holders by way of regular press release or will expire. Proceeds
from the placement will be used for exploration and development of the Company's mineral projects
and for general working capital. Fees may be paid on a portion of the offering and all shares issued
will be subject to the 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 18:41e 23-SEP-24