VANCOUVER, BC, July 18,
2023 /CNW/ - Tajiri Resources Corp. (the
"Company") (TSXV: TAJ) is pleased to announce the closing of the
first tranche of its previously announced a non-brokered private
placement. The Company issued 3,910,000 shares at a price of
$0.035 per shares for proceeds to the
Company of $136,850.00. No fees were
paid on this portion of the offering but may be on the closing of
additional tranches. Insider participation totaled 1,600,000 shares
'a related party transaction and is protected from rules under
MI-106 as this does not exceed 25% of the market valuation of the
Company. Proceeds from the offering will be used for ongoing
project payments and general working capital. Final closing and
acceptance of the offering is subject to the final approval of TSX
Venture Exchange.
On Behalf of the Board,
Tajiri Resources Corp.
Graham
Keevil,
President & CEO
About Tajiri
Tajiri Resources Corp. is a junior gold exploration and
development Company with exploration assets located in two of the
worlds least explored and highly prospective greenstone belts of
Burkina Faso, West Africa and Guyana, South
America. Lead by a team of industry professionals with a
combined 100 plus years' experience the Company continues to
generate shareholder value through exploration.
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This news release
may contain forward-looking statements based on assumptions and
judgments of management regarding future events or results. Such
statements are subject to a variety of risks and uncertainties
which could cause actual events or results to differ materially
from those reflected in the forward-looking statements. The Company
disclaims any intention or obligation to revise or update such
statements.
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
release.
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SOURCE Tajiri Resources Corp.