Taranis Announces Private Placement
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
Taranis Announces Private Placement
Not for dissemination or distribution in the United States and not for distribution to United States
Newswire services
Estes Park, Colorado, June 20, 2025 – Taranis Resources Inc. ( “Taranis” or the “Company” ) [TSX.V:
TRO, OTCQB: TNREF] is pleased to announce a non-brokered private placement (the “Offering”) of the
sale of up to 3,000,000 units (the “Units”) at a price of $0.18 per Unit, with each Unit to consist of one
common share and one non-transferable share purchase warrant (each a “Warrant”), with each Warrant to
entitle the holder to purchase one additional common share at a price of $0.25 for a period of 24 months
from closing.
The proceeds from the Offering will be used to incur further exploration expenses at the Company’s Thor
property in southeastern British Columbia, as well as for work ing capital purposes. (See the Company’s
June 9, 2025 news release regarding the status of the Company’s exploration activities at its Thor property.)
Finders’ fees or brokers’ commissions may be paid in accordance with TSX Venture Exchange policy. All
securities issued as part of the Offering will be subject to a hold period in Canada of four months and one
day from the closing of the Offering. The Offering and the payment of any finders’ fees or brokers’
commissions are subject to TSX Venture Exchange acceptance.
Taranis anticipates that insiders may subscribe for a portion of the Offering. The participation of insiders
in the Offering would constitute a related party transaction, within the meaning of TSX -V Policy 5.9 and
Multilateral Instrument 61-101 – “Protection of Minority Security Holders in Special Transactions” (“MI
61-101”). Taranis intends to rely on exemptions from the formal valuation and minority shareholder
approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61 -101 on the basis that the fair
market value (as determined under MI 61 -101) of insider participation in the Offering would not exceed
25% of Taranis’s market capitalization.
Qualified Person
Exploration activities at Thor are overseen by John Gardiner (P. Geo.), who is a Qualified Person under
the meaning of Canadian National Instrument 43 -101. John Gardiner , P.Geo. is a principal of John J.
Gardiner & Associates, LLC, which operates in British Columbia under Firm Permit Number 1002256.
For additional info rmation on Taranis or its 100% -owned Thor project in British Columbia, visit
www.taranisresources.com
Taranis currently has 100,348,794 shares issued and outstanding (113,827,227) shares on a fully -diluted
basis).
2
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geo.),
President and CEO
For further information contact:
John J. Gardiner
681 Conifer Lane
Estes Park, Colorado
80517
Phone: (720) 209-3049
The securities referred to in this news release have not been, nor will they be, registered under the United
States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or
for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the
U.S. registration requirements. This news release does not constitute an offer for the sale of securities, nor
a solicitation for offers to buy any securities. Any public offering of securities in the United States must be
made by means of a prospectus containing detailed information about the company and management, as
well as financial statements.
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 management regarding
future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may di ffer
materially from expected results.