VANCOUVER, BC, April 8, 2021 /CNW/ - Tajiri Resources
Corp. (the "Company") (TSXV: TAJ) reports that
it has entered into a shares for debt agreement with PowerXplor
Ltd. to settle an outstanding debt of CDN$95,000 through the issuance of 1,000,000
common shares of the Company at a deemed price of $0.095 per share. The debt is a result of
in-country accounting, local office, administrative, and license
management services provided to the Company in order to maintain
its 100% ownership of the Reo Gold Project, Burkina Faso, West
Africa. The issuance of shares under the agreement is
pending approval by the TSX Venture Exchange and was entered with a
view toward capital preservation pending additional funding, all
shares issued would be subject to the exchange mandatory hold
period of four months and a day.
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.