Taranis Resources Inc. Announces Debt Settlements and the Granting of Incentive Stock Options
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
TARANIS RESOURCES INC. ANNOUNCES DEBT SETTLEMENTS AND THE
GRANTING OF INCENTIVE STOCK OPTIONS
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
Estes Park, Colorado, March 20, 2018 , 2017 – Taranis Resources Inc. ( “Taranis”) [TSX.V:
TRO] announces each of the following:
(a) debt settlement agreements with various creditors pursuant to which $ 103,438 of
indebtedness is to be satisfied by the issuance of 1,477,685 common shares at a
deemed price of $0.07 per share; and
(b) the granting of incentive stock options to its directors and officers, entitling them
to purchase up to a total of 1,500,000 common shares at an exercise price of $0.10
per share for a period of five years.
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 58,785,382 shares issued and outstanding ( 69,919,048 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. per sons 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 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
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 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.