Authorization

Reissue: Tajiri to Close Third and Final Tranche of Previously Announced Non-Brokered Private Placement

VANCOUVER, Jan. 21, 2020 /CNW/ -A Tajiri Resources Corp.A (the "Company")A (TSX VENTURE: TAJ) is pleased to report that subject to final TSX Venture Exchange (the "Exchange") approval it will close the third and final tranche of a non-brokered private placement originally announced December 05th, 2019.
Reissue: Tajiri to Close Third and Final Tranche of Previously Announced Non-Brokered Private Placement
The final tranche of the placement will result in the Company issuing 2,110,000A units for proceeds of CDN$105,500. Each unit was priced at $0.05 per, and consisted of one common share, and one half of one common share purchase warrant. Each whole warrant entitles the purchaser to acquire an additional common share in the capital of the Company at a price of $0.20 for a period of 24 months from the closing date. There were a total 8 subscribers in this tranche. All securities issued will be subject to the Exchanges mandatory four month and one day hold period. The Company paid fee's in the amount of CDN$5,640 and will issue 56,400 broker warrants governed by the same terms as mentioned above.Funds will be used to finance on-going project maintenance costs, evaluation of potential acquisitions, and general working capital.On Behalf of the Board,
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