Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

TRO.V ·

Taranis Resources Inc. Announces Debt Settlements

Share Capital & Compensation

FOR IMMEDIATE RELEASE

Taranis Resources Inc.

681 Conifer Lane

Estes Park, Colorado

80517

www.taranisresources.com

TARANIS RESOURCES INC. ANNOUNCES DEBT SETTLEMENTS

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR

DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

Estes Park, Colorado, December 12, 2018 – Taranis Resources Inc. (“Taranis”) [TSX.V: TRO]

announces debt settlement agreements with various creditors pursuant to which $50,40 0 of

indebtedness is to be satisf ied by the issuance of 630,000 common shares at a deemed price of

$0.08 per share, subject to regulatory acceptance.

About Taranis Resources Inc.

Taranis is an exploration company focused on the development of its 100%-owned Thor project

in southeast British Columbia. The company’s mandate is to recognize mineral deposits early in

the exploration cycle that can be developed through intelligent exploration and business

alliances. For additional information on Taranis or its Thor project, please visit our website at

www.taranisresources.com.

Taranis currently has 64,213,067 shares issued and outstanding ( 76,746,733 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 fro m 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 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.

TARANIS RESOURCES INC.

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

President and CEO

For further information contact:

John J. Gardiner

681 Conifer Lane

Estes Park, Colorado

80517

Phone: (303) 716-5922

Cell: (720) 209-3049

[email protected]

2

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 differ materially from expected results.