Taranis Resources Inc. announces Private Placement
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
Taranis Resources Inc. announces Private Placement
Estes Park, Colorado, August 20, 2026 – Taranis Resources Inc. (“Taranis” or the “Company”) [TSX.V:
TRO, OTCQB: TNREF] announces a non-brokered private placement (the “Offering”) of up to $ 220,000,
to consist of the sale of up to 1,100,000 flow-through units (the “FT Units”) at a price of $0.20 per FT Unit.
Each FT Unit will consist of one flow -through common share and one share purchase warrant (each a
“Warrant”), with each Warrant to entitle the holde r to purchase one additional common share at a price of
$0.20 for a period of 24 months from closing.
The proceeds from the sale of the FT Units will be used to incur expenses that qualify as Canadian
Exploration Expenses in drilling of the Borr Zone located 1.3 km southeast of the main Thor deposit,
seeking to expand the Borr Zone out wards from its 2025 discovery location. The Offering is subject to
TSX Venture Exchange acceptance.
Taranis anticipates that insiders will subscribe for a major portion of the Offering. The participation of
insiders in the private placement would constitute a related party transaction within the meaning of TSX-V
Policy 5.9 and Multilateral Instrument 61-101 – “Protection of Minority Security Holders in Special
Transactions” (“MI 61 -101”). Taranis intends to rely on exemptions from the formal valuation and
minority shareholder approval requirements provided for under sections 5.5(a) and 5.7(a) of MI 61-101 on
the basis that the fair market value (as determined under MI 61-101) of insider participation in the Offering
would not exceed 25% of Taranis’s market capitalization.
About Taranis Resources Inc.
Taranis Resources Inc. 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 art predictive
targeting, 3-D geophysical inversions, and carefully controlled use of AI, as opposed to traditional surface-
level prospecting. The Company prioritizes methodological, h igh-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.
2
Taranis currently ha s 104,452,053 shares issued and outstanding ( 114,613,958 shares on a fully -diluted
basis).
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geo.),
President and CEO
For further information contact:
John J. Gardiner
681 Conifer Lane
Estes Park, Colorado 80517
Phone: (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.