Tajiri Resources Announces Financing & Update

About this update from Tajiri Resources Corp.

[{"type":"text","content":"\n \n \n \n Tajiri Resources Announces Financing & Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n Tajiri Resources Announces Financing & Update\n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 20, 2021\n \n /CNW/ -- Tajiri Resources Corp. (the \"Company\") (TSXV: TAJ)\n \n \n is conducting a non-brokered private placement of units for proceeds of up to\n \n CDN$500,000\n \n . Each unit will be priced at\n \n $0.06\n \n per unit and consist of one common share and one common share purchase warrant, which will be exercisable into an additional common share of the Company at a price of\n \n $0.10\n \n for a period of 36 months from the closing date. The offering will be open to all existing shareholders and qualified investors with proceeds used for ongoing project work and general working capital purposes.  Fee's may be paid on a portion of the offering.\n \n \n \n \n \n \n \n \n \n \n Material Change\n \n \n Between\n \n December 2020\n \n and\n \n April 2021\n \n the Company completed\n \n 18,650m\n \n of auger drilling in 1,530 holes at the K4-K5 prospect, a potentially significant prospect within the Reo Project which is located on the Dassa Sud Permit. Though preliminary results of the program have been received, results of the program are yet to be compiled or reported as the Company awaits renewal of the Dassa Sud Permit.\n \n \n On\n \n May 5\n \n 2021 a renewal application for the Dass Sud Permit was lodged and at the present time the Company believes that its application for new tenure at Dassa Sud will be successful.\n \n \n Pending formal confirmation of renewal of the Dassa Sud Permit the company has paused further substantive exploration activities.\n \n \n On Behalf of the Board,\n \n \n Tajiri Resources Corp.\n \n \n \n \n \n \n Graham Keevil\n \n ,\n \n \n \n President & CEO\n \n \n \n \n About Tajiri\n \n \n \n \n \n Tajiri Resources Corp. is a junior gold exploration and development Company with exploration assets located in two of the worlds least explored and highly prospective greenstone belts o...

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