Taranis Resources Inc. Announces the Exercise of Certain Share Purchase Warrants and the Closing of a Private Placement
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
TARANIS RESOURCES INC. ANNOUNCES THE EXERCISE OF CERTAIN SHARE
PURCHASE WARRANTS AND THE CLOSING OF A PRIVATE PLACEMENT
Estes Park, Colorado, September 9, 2022 – Taranis Resources Inc. (“Taranis”) [TSX.V: TRO, OTCQB:
TNREF] announces the exercise of a total of 1,833,334 flow -through share purchase warrants on August
25, 2022, for aggregate subscription proceeds of $275,000.10, and the closing of a 125,000 flow-through
unit private placement at a price of $0.20 per flow -through unit, for ag gregate subscription proceeds of
$25,000, as originally announced on June 28, 2022.
Each flow-through unit consists of one flow-through common share and one share purchase warrant, with
each warrant entitling the holder to purchase one non-flow-through common share at a price of $0.20 until
September 9, 2024.
All securities issued pursuant to the private placement, including any shares that may be issued pursuant
to the exercise of the share purchase warrants, will be subject to a hold period in Canada until January 10,
2023.
The proceeds from the exercise of the flow -through warrants and from the private placement, each as
disclosed above, will be used for further exploration at Taranis’s Thor Project in southeastern British
Columbia.
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 85,056,351 shares is sued and outstanding ( 93,965,017 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
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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 di ffer
materially from expected results.