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TEX.CN ·

Targa Exploration Engages Commodity-Tv and Rohstoff-Tv FOR Marketing and Communication Services

Marketing Announcement

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CSE: TEX FRA: V6Y

FOR IMMEDIATE RELEASE DECEMBER 6, 2022

TARGA EXPLORATION ENGAGES COMMODITY-TV AND ROHSTOFF-TV FOR

MARKETING AND COMMUNICATION SERVICES

Vancouver, British Columbia, December 6, 2022 – Targa Exploration Corp. (CSE: TEX, FRA: V6Y) (the

“Company”) is pleased to announce that it has engaged Commodity-TV and Rohstoff-TV (“C&R-TV”) to

provide marketing and communication services to the Company, with a focus on the European financial

community. C&R-TV is based in Switzerland and will introduce the Company to its European investor

network by recording, translating, broadcasting, and disseminating on its digital platform's news, articles,

interviews, and webinars.

Under the agreement, C&R-TV will provide communication services to the Company for an initial period

of 12 months, commencing on January 1, 2023. Following the initial 12 month period, the contract can be

renewed by the Company for another 12 months. The Company has agreed to pay C&R-TV €27,000 for

the initial period.

About Targa Exploration Corp.

Targa Exploration Corp. is a Canadian mineral exploration company headquartered in Vancouver, British

Columbia, currently focused on exploring the Shanghai project in the Yukon Territory. The 2,640-hectare

project is located along the Robert Service Thrust fault in the western part of the prolific Selwyn basin.

Contact Information

For more information, please contact:

Jon Ward – Chief Executive Officer

E-mail: [email protected]

Cautionary Note Regarding Forward-Looking Statements

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the

policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this

release.

The information contained herein contains "f orward-looking statements" within the meaning of

applicable securities legislation. "Forward-looking information" includes, but is not limited to, statements

with respect to the activities, events or developments that the Company expects or anticipates will or may

occur in the future. Generally, but not always, forward -looking information and statements can be

identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled",

"estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or

variations of such words and phrases or state that certain actions, events or results "may", "could",

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"would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. These

forward-looking statement or information may relate to: the exploration of the Shanghai Project; and the

impact of C&R-TV’s engagement.

Such forward-looking information and statements are based on numerous assumptions, including among

others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned

exploration activities, that general business and economic conditions will not change in a material adverse

manner, that financing will be available if and when needed and on reasonable terms, that third party

contractors, equipment and supplies and governmental and other approvals required to conduct the

Company’s planned exploration activities will be available on reasonable terms and in a timely manner.

Although the assumptions made by the Company in providing forward-looking information or making

forward-looking statements are considered reasonable by management at the time, there can be no

assurance that such assumptions will prove to be accurate.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other

factors which may cause our actual results, performance or achievements, or other future events, to be

materially different from any future results, performance or achievements expressed or implied by such

forward-looking statements. Such factors and risks include, among others: the Company may require

additional financing from time to time in order to continue its operations which may not be available

when needed or on acceptable terms and conditions acceptable; compliance with extensive government

regulation; domestic and foreign laws and regulations could adversely affect the Company’s business and

results of operations; the stock markets have experienced volatility that often has been unrelated to the

performance of companies and these fluctuations may adversely affect the price of the Company’s

securities, regardless of its operating performance; the impact of COVID-19; the ongoing military conflict

in Ukraine, and other risk factors set out in the Company’s public disclosure documents.

The forward-looking information contained in this news release represents the expectations of the

Company as of the date of this news release and, accordingly, is subject to change after such date. Readers

should not place undue importance on forward -looking information and should not rely upon this

information as of any other date. The Company does not undertake any obligation to update these

forward-looking statements in the event that management's beliefs, estimates or opinions, or other

factors, should change.