Taranis Resources Inc. applies to extend the expiry date and to re-price certain share purchase warrants
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
681 Conifer Lane
Estes Park, Colorado
80517
www.taranisresources.com
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
Taranis Resources Inc. applies to extend the expiry date and to re-price certain share purchase
warrants
Estes Park, Colorado, January 18, 2019 – Taranis Resources Inc. (“Taranis”) [TSX.V: TRO]
announces that it intends to make application to the TSX Venture Exchange (the “Exchange”) to extend
the expiry date and to reduce the exercise price of certain share purchase warrants issued on March 7,
2017 pursuant to a private placement . The proposed extension and re -pricing are disclosed in the
following table:
Warrant Description
Number of
Warrants
Current
Exercise
Price
Proposed
Exercise
price
Current
Expiry Date
Proposed
Expiry Date
warrants entitling the
holders to purchase
common shares
1,000,000(1) Cdn. $0.15 Cdn $0.10 March 7,
2019
September 7,
2019
Note (1): All 1,000,000 warrants are proposed to be extended as indicated above, but only 920 ,000 of these warrants are
proposed to be re-priced pursuant to applicable Exchange Policy.
The proposed extension and re -pricing disclosed in the table above are subject to Taranis receiving
acceptance from the Exchange therefor.
About Taranis Resources Inc.
Taranis is an exploration company focused on the development of its 100% -owned Thor project
in southeast British Columbia. Its 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 64,843,067 shares issued and outstanding ( 77,376,733 shares on a fully -
diluted basis).
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geol.),
President and CEO
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. pe rsons absent U.S. registration or an applicable exemption from
the U.S. registration requirements. This news release does not constitute an offer for the sale of
securities, nor a solicitation for offers to buy any securities. Any public offering of secu rities in the
United States must be made by mean of a prospectus containing detailed information about the company
and management, as well as financial statements.
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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 VEN TURE 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 inac curate as a result of factors beyond its control, and
actual results may differ materially from expected results.