Taranis Resources Inc. announces closing of Flow-Through Private Placement

(via Thenewswire.ca)

Lakewood, Colorado, June 28, 2012 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO] announces that it has closed the $30,000 private placement originally announced on June 22, 2012. The private placement consisted of the sale of 200,000 units at a price of $0.15 per unit, each unit consisting of one "flow-through" common share and one share purchase warrant, each warrant entitling the holder to purchase one common share at a price of $0.25 for a period of two years from closing, subject to potential acceleration. All of the securities issued in connection with this private placement are subject to a hold period, restricting transfer until October 29, 2012.

Taranis currently has 34,786,655 shares issued and outstanding (41,930,823 shares on a fully-diluted basis).

TARANIS RESOURCES INC.

Per:John J. Gardiner (P. Geol.),

President and CEO

For further information contact:

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 |John Gardiner              |George Kent                   |
 |14247 West Iliff Avenue    |Suite 1406, 130 Carlton Street|
 |Lakewood, Colorado         |Toronto, Ontario              |
 |Phone: (303) 716-5922      |Phone: (416) 323-0783         |
 |Cell: (720) 209-3049       |Cell: (416) 697-0783          |
 |johnjgardiner@earthlink.net|georgerkent@sympatico.ca      |
 |                           |                              |
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