VANCOUVER, June 28, 2019
/CNW/ - Tajiri Resources Corp. (the "Company") (TSX
VENTURE: TAJ) is pleased to report that subject to regulatory
approval it plans to raise up to CDN$300,000 by way of non-brokered private
placement.
The placement will see the Company issue up to 4,615,385 units
at a price of $0.065 per; each unit
will consist of one common share, and one half of one common share
purchase warrant. Each whole warrant will provide the holder with
the right to purchase an additional common share at a price of
$0.17 for two years from the closing
date.
Funds from the offering will be used to meet the Company's
payment obligations across its existing exploration portfolio, new
project acquisitions and for general working capital. Insiders may
participate in the offering and fees may be paid on a portion of
the units placed.
On Behalf of the Board,
Tajiri Resources Corp.
Graham
Keevil,
President, CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may contain forward-looking statements
based on assumptions and judgments of management regarding future
events or results. Such statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the forward-looking
statements. The Company disclaims any intention or obligation to
revise or update such statements.
SOURCE Tajiri Resources Corp.