Mr. Neil Currie reports

TESLIN CLOSES PRIVATE PLACEMENT

Teslin River Resources Corp., further to its news release dated July 25, 2014, has closed the private placement financing by issuing six million postconsolidated units at a price of five cents per unit for total proceeds of $300,000.

Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one common share for the price of six cents for a period of 36 months following the date of issuance.

No finders' fees were paid in connection with the private placement.

The securities issued are subject to a regulatory four-month hold period expiring on Jan. 18, 2015. Proceeds will be used for general working capital.