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TRO.V ·

Taranis Resources Inc. announces Closing of Private Placement

Financings

FOR IMMEDIATE RELEASE

Taranis Resources Inc.

681 Conifer Lane

Estes Park, Colorado

80517

www.taranisresources.com

Taranis Resources Inc. announces Closing of Private Placement

Estes Park, Colorado, September 8, 2026 – Taranis Resources Inc. (“Taranis” or the “Company”)

[TSX.V: TRO, OTCQB: TNREF] announces that it has closed the private placement announced August 20,

2026 for total proceeds of $220,000.

The private placement consisted of the sale of a total of 1,100,000 flow-through units (“FT Units”) at a price

of $0.20 each, each consisting of one flow-through common share and one common share purchase warrant,

with each warrant entitling the holder to purchase one additional common share at a price of $0.2 0 until

September 2, 2028.

All of the shares issued pursuant to this private placement, including any shares that may be issued pursuant

to the exercise of the warrants, are subject to a hold period in Canada until January 3, 2027. The proceeds

from this private placement will be used to incur further exploration expenses at the Company’s Thor

property in southeastern British Columbia.

About Taranis Resources Inc.

Taranis Resources In c. has evolved beyond the profile of a traditional junior explorer. After 15 years of

methodical exploration and compiling a massive database from over 250 drill holes to define a 43 -101

Mineral Resource at Thor and recently completing a 100% consolidation of the historic Silver Cup Mining

District, the company is transitioning from " understanding the Thor deposit" to "unlocking district-scale”

discovery potential.

Taranis’ core values include scientific rigor, highlighting exploration driven by state of a rt predictive

targeting, 3-D geophysical inversions, and carefully controlled use of AI, as opposed to traditional surface-

level prospecting. The Company prioritizes methodological, high -quality exploration over promotional

shortcuts, and allocates funds “into the ground”. Taranis’ leadership has unmatched shareholder alignment,

and our Management Team has been intact for 20 years with substantial insider ownership. Taranis

exercises responsible stewardship and is committed to defining legitimate ownership through active labour,

stringent reclamation programs, and transparent First Nations and local community engagement.

Taranis currently ha s 105,552,053 shares issued and outstanding ( 116,813,958 shares on a fully -diluted

basis).

TARANIS RESOURCES INC.

Per: John J. Gardiner (P. Geo.),

President and CEO

2

For further information contact:

John J. Gardiner

681 Conifer Lane

Estes Park, Colorado 80517

Phone: (303) 716-5922 Cell:

(720) 209-3049

[email protected]

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 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.