Mr. Eric Sprott, a shareholder, reports

ERIC SPROTT ANNOUNCES CHANGES TO HIS HOLDINGS IN TARKU RESOURCES LTD.

A total of 5,275,000 common share purchase warrants of Tarku Resources Ltd. (held by 2176423 Ontario Ltd., a corporation Eric Sprott beneficially owns) expired unexercised, representing a decrease in holdings of approximately 18.8 per cent of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these warrants, Mr. Sprott beneficially owned 10.55 million shares and 5,275,000 warrants representing approximately 8.3 per cent of the outstanding shares on a non-diluted basis and approximately 12.0 per cent on a partially diluted basis assuming the exercise of such warrants.

As a result of the warrant expiry, Mr. Sprott now beneficially owns 10.55 million shares representing approximately 8.3 per cent of the outstanding shares on a non-diluted basis. The warrant expiry combined with previous new share issuances by Tarku Resources resulted in an ownership change, on a partially diluted basis, of approximately 18.8 per cent since the date of the last filing of an early warning report and brings total holdings to under 10 per cent on a non-diluted basis. As a result, Mr. Sprott and 2176423 Ontario Ltd. ceased to be insiders of Tarku Resources.

The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

Tarku Resources is located at No. 602, 224 -- 4th Ave. South, Saskatoon, Sask, S7K 5M5. A copy of the early warning report with respect to the foregoing will appear on Tarku Resources' profile on SEDAR+ and may also be obtained by calling Mr. Sprott's office at 416-945-3294 (2176423 Ontario Ltd., 7 King St. East, suite 1106, Toronto, Ont., M5C 3C5).