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File: 2017-01-16 - NR -PP Closed Share Consolidation.docx

TILLER RESOURCES LTD.  SUITE 800 - 1199 WEST HASTINGS STREET VANCOUVER BRITISH COLUMBIA V6E 3T5
NEWS RELEASE
TILLER COMPLETES 1:10 CONSOLIDATION AND CLOSES $500,000 PRIVATE PLACEMENT
Vancouver, B.C. - January 16th, 2017 - Tiller Resources Ltd. (NEX: TIR) (the "Company") further to the news release De
--->cember 20th, 2016, the company has consolidated its shares on a 1 new common share for 10 old common shares basis on J
--->anuary 12th, 2017. 
Following the consolidation, the private placement also previously announced has now been fully closed. The private pl
--->acement consists of 6,666,667 units on a post-consolidated basis at 7.5 cents per unit for gross proceeds of $500,000.
---> 
Each unit will comprise of one common share of the issuer and one common share purchase warrant of the issuer. Each po
--->st-consolidated warrant will be exercisable into a common share of the company at an exercise price of 10 cents with a
---> holding period of four months from issuance date and an expiry date of one year from issuance date.
ON BEHALF OF THE BOARD
Tiller Resources Ltd. Mr. Brandon Boddy, Director and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing 
--->and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-
--->looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual
---> results may differ materially from those currently anticipated in such statement.