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TRO.V ·

Taranis Resources Inc. announces Debt Settlements and Provides Additional Information on Four Important Exploration Targets Peripheral to the Core Mineral Resource

Exploration Programs 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 and Provides Additional

Information on Four Important Exploration Targets Peripheral to the Core

Mineral Resource

Estes Park, Colorado, June 9, 2026 – Taranis Resources Inc. (“Taranis” ) [TSX.V: TRO,

OTCQB: TNREF] announces that it has negotiated debt settlement agreements with a non-arm’s

length creditor and a trade creditor pursuant to which indebtedness totalling $197,543.66 in respect

of certain outstanding principal and interest loan obligations and in respect of an outstanding trade

payables is to be satisfied by the issuance of 1,316,958 common shares at a deemed price of $0.15

per share, subject to regulatory acceptance.

In addition, Taranis has produced four videos that can be found online at Drill Targets - Thor

Project - YouTube. These videos provide an overview of Taranis’ unique approach to exploration,

moving outwards from the well-defined core Mineral Resource. They also show how Taranis uses

3D geophysical and geochemical processing to map the subsurface in mature exploration terrains.

About Taranis Resources Inc.

For additional information on Taranis or its 100% -owned Thor project in British Columbia, visit

www.taranisresources.com

Taranis currently has 103,739,487 shares issued and outstanding ( 122,608,613 shares on a fully-

diluted basis).

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]

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.