Taranis Resources Inc. Announces Closing of Private Placement
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
TARANIS RESOURCES INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
Estes Park , Colorado, September 20, 2018 – Taranis Resources Inc. ( “Taranis”) [TSX.V: TRO ]
announces that it has closed the private pla cement originally announced on June 5, 2018. The private
placement consisted of the sale of the following securities:
(a) 1,500,000 units at a price of $0.10 per unit, for aggregate subscription proceeds of
$150,000, each unit consisting of one common share and one share purchase warrant, with
each warrant entitling the holder to purchase one additional common share at a price of
$0.15 until September 18, 2019; and
(b) 2,150,000 flow-through units at a price of $0.15 per flow -through unit, for aggregate
subscription proceeds of $322,500, each flow-through unit consisting of one flow-through
share and one share purchase warrant, with each warrant entitling the holder to purchase
one additional flow-through share at a price of $0.15 until September 18, 2020.
All other securities issued pursuant to this 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
January 19, 2019.
About Taranis Resources Inc.
Taranis is an exploration company focused on the development of its 100% -owned Thor project in
southeast British Columbia. Taranis’s mandate is to recognize mineral deposits early in the exploration
cycle that can be developed through intelligent explorat ion and business alliances. For additional
information on Taranis or its Thor project, please visit our website at www.taranisresources.com.
Taranis currently has 64,113,067 shares is sued and outstanding ( 77,946,733 shares on a fully -diluted
basis).
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 sale of securities for
sale, nor a solicitation for offers to buy any securities. Any public offering of sec urities 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.
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geol.),
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
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 j udgments 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.