Mr. Graham Keevil reports

TAJIRI CLOSES SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

Tajiri Resources Corp. has received conditional acceptance from the TSX Venture Exchange and has closed the second tranche of its non-brokered private placement offering of units previously announced Sept. 23, 2024.

The second tranche of the offering consisted of 9,994,000 units priced at five cents per unit for aggregate gross proceeds of $499,700. Each unit consisted of one common share and one common share purchase warrant. Each warrant is exercisable by the holder to acquire one common share at a price of 10 cents until Nov. 6, 2027, subject to the acceleration right (as defined herein). If, following the date hereof, the closing price of the company's common shares on the TSX-V for any 10 consecutive trading days equals or exceeds 25 cents, the company has the right, upon providing written notice to the holders of warrants, to accelerate the expiry date of the warrants to the date that is 30 days following the date of such notice, which may provided by way of a news release. In connection with the offering, the company paid a total of $17,129 cash and issued 341,580 warrants, bearing the same terms as those attached to the units, to certain finders in consideration for introducing certain purchasers to the company. Pursuant to applicable Canadian securities laws, all securities issued and issuable in connection with the first tranche of the offering will be subject to a four-month hold period. In conjunction with closing of this second tranche, the company applied for and received a 30-day extension from the TSX-V with respect to the offering in order to finalize a third tranche of the placement. Updates will be provided as necessary on its closing.

The company intends to utilize the net proceeds from the offering for the exploration and development of the company's mineral properties and for general working capital purposes. None of the proceeds from the second tranche of the offering will be used for the Yono project acquisition, and the offering remains subject to final TSX-V and regulatory approvals.

About Tajiri Resources Corp.

Tajiri Resources 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. Led by a team of industry professionals with a combined 100-plus years of experience, the company continues to generate shareholder value through exploration.

We seek Safe Harbor.