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TSK.TO ·

Talisker to Commence Trading on TSX

Listings & Exchange

Talisker to Commence Trading on TSX

TORONTO

,

Oct. 9, 2020

/CNW/ - Talisker Resources Ltd. ("

Talisker

" or the "

Company

") (CSE:

TSK) (OTCQX: TSKFF) is pleased to announce that it has received final approval from the Toronto

Stock Exchange (the "

TSX

") to list its common shares on the TSX. The common shares are

expected to begin trading on the TSX on

Wednesday, October 14, 2020

under the symbol "TSK".

In connection with the listing of the common shares on the TSX, the Company will submit a request

to voluntarily delist its common shares from the Canadian Securities Exchange (the "

CSE

"

). Such

delisting is expected to be effective after the close of trading on

October 13, 2020

.

Shareholders are not required to exchange their share certificates or take any other action in

connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the

common shares.

About Talisker Resources Ltd.

Talisker (

taliskerresources.com

) is a junior resource company involved in the exploration of gold

projects in

British Columbia, Canada

. Talisker's projects include the Bralorne Gold Project, an

advanced stage project with significant exploration potential from a historical high-grade producing

gold mine as well as its Spences Bridge Project where the Company holds ~85% of the emerging

Spences Bridge Gold Belt and several other early stage Greenfields projects. With its properties

comprising 291,339 hectares over 322 claims, six leases and 181 crown grant claims, Talisker is a

dominant exploration player in the south-central

British Columbia

. The Company is well funded to

advance its aggressive systematic exploration program at its projects.

Caution Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These

statements relate to future events or future performance, including statements about the Company's

common shares being listed on the TSX and delisted from the CSE. The use of any of the words

"could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and

statements relating to matters that are not historical facts are intended to identify forward-looking

information and are based on Talisker's current belief or assumptions as to the outcome and timing

of such future events. Actual future results may differ materially. Although such statements are

based on reasonable assumptions of Talisker's management, there can be no assurance that any

conclusions or forecasts will prove to be accurate.

While Talisker considers these assumptions to be reasonable based on information currently

available, they may prove to be incorrect. Forward-looking information involves known and unknown

risks, uncertainties and other factors which may cause the actual results, performance or

achievements to be materially different from any future results, performance or achievements

expressed or implied by the forward-looking information. Such factors include risks inherent in the

exploration and development of mineral deposits, including risks relating to changes in project

parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates,

risks relating to changes in mineral prices and the worldwide demand for and supply of minerals,

risks related to increased competition and current global financial conditions and the COVID-19

pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory

risks, including risks relating to the acquisition of the necessary licenses and permits, financing,

capitalization and liquidity risks.

The forward-looking information contained in this release is made as of the date hereof, and Talisker

is not obligated to update or revise any forward-looking information, whether as a result of new

information, future events or otherwise, except as required by applicable securities laws. Because of

the risks, uncertainties and assumptions contained herein, investors should not place undue reliance

on forward-looking information. The foregoing statements expressly qualify any forward-looking

information contained herein.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the

CSE) accepts responsibility for the adequacy or accuracy of this release. No stock exchange,

securities commission or other regulatory authority has approved or disapproved the information

contained herein.

SOURCE

Talisker Resources Ltd

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/October2020/09/c4750.html

%SEDAR: 00005798E

For further information:

Terry Harbort, President & CEO, [email protected],

+1 416 361 2808

CO: Talisker Resources Ltd

CNW 07:06e 09-OCT-20