Taranis Resources Inc. Announces $250,000 Private Placement

Taranis Resources Inc. has announced a non-brokered private placement of up to $250,000. The offering will consist of selling up to 454,545 flow-through units (FT Units) at $0.55 per unit. Each FT Unit includes one flow-through common share and one purchase warrant, allowing the holder to buy an additional share at $0.50 within 24 months of closing.

The funds raised will be used to cover Canadian Exploration Expenses for engineering work at Taranis’s Thor property in British Columbia. The offering awaits TSX Venture Exchange approval. Insiders might subscribe for part of this offering, categorizing it as a related party transaction under TSX-V Policy 5.9.