Mr. Graham Keevil reports
TAJIRI ANNOUNCES NON-BROKERED PRIVATE PLACEMENT TO RAISE $1.5 MILLION
Tajiri Resources Corp. will raise up to $1.5-million through a non-brokered private placement and the sale of up to 8,333,333 units at a price of 18 cents per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase an additional common share in the capital of the company at a price of 40 cents for a period of 18 months from the closing date. Closing is subject to the final approval of the TSX Venture Exchange, fees may be paid on a portion of the offering and insiders may participate at their discretion. Funds raised will be used for exploration and development of the company's mineral projects, for future acquisitions, and for general working capital purposes. All securities issued as part of the placement will have a standard hold period of four months and one day from the closing date. The company will provide additional updates related to the offering as they become available or are required.
About Tajiri Resources Corp.
Tajiri Resources is a junior gold exploration and development company with exploration assets located in the emerging premier gold destination of Guyana, South America. Lead by a team of industry professionals with a combined 100-plus years of experience -- 40 of that in Guyana, and a record of discovering approximately 20 million ounces of gold across Western Australia, West Africa and Guyana -- the company's goal is to create value through exploration and discovery.
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