Taranis Resources Inc. Announces Closing of Private Placement
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FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado
80228-5421
www.taranisresources.com
Taranis Resources Inc. Announces Closing of Private Placement
Lakewood, Colorado, January 2, 2018 – Taranis Resources Inc. ("Taranis") [TSX.V: TRO ] [OTCQB:
TNREF] announces that it has closed the private placement originally announced on December 22, 2017.
The private placement consisted of the sale of 2,000,333 units at a pric e of $0.15 per unit, for aggregate
subscription proceeds of $300,049.95 . Each unit consisted of one flow -through common share and one
share purchase warrant, with each warrant entitling the holder to purchase one additional flow -through
common share at a price of $0.15 until December 29, 2019. All of the securities issued pursuant to the
private placement, including any shares that may be issued pursuant to the exercise of the share purchase
warrants, are subject to a hold period in Canada until April 30, 2018.
About Taranis Resources Inc.
Taranis is an exploration and mining company focused on the development of its 100% -owned Thor
project in southeast British Columbia. In 2017, Taranis completed a fully-permitted mining operation on
the property aimed a t recovering gold and gaining a better understanding of the newly discovered gold
zones at Thor. Taranis is pursuing two parallel and distinct strategies at Thor: one focused on continuing
to build a baseline of environmental data on the Thor project while understanding metallurgical insight
through mining the deposit in a series of discrete steps, and the other through continued Resource growth
and expansion of the existing deposit. Please visit our website at www.taranisresources.com for more
information.
Taranis currently has 58,785,382 shares is sued and outstanding (68,419,048 shares on a fully -diluted
basis).
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geol.),
President and CEO
For further information contact:
John Gardiner
14247 West Iliff Avenue
Lakewood, Colorado
Phone: (303) 716-5922
Cell: (720) 209-3049
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE S PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This News Release may contain forward looking statements based on assumptions and judgments of manag ement
regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and
actual results may differ materially from expected results.