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Estes Park, Colorado, March 10, 2026 – Taranis Resources Inc. (“Taranis” or the “Company”) [TSX.V: TRO, OTCQB: TNREF] is pleased to announce a non-brokered private placement (the “Offering”) of the sale of up to 1,400,000 units (the “Units”) at a price of $0.18 per Unit for gross proceeds of p to $252,000, with each Unit to consist of one common share and one non-transferable share purchase warrant (each a “Warrant”), with each Warrant to entitle the holder to purchase one additional common share at a price of $0.25 for a period of 36 months from closing.
The proceeds from the Offering will be used to incur further exploration expenses at the Company’s Thor property in southeastern British Columbia, as well as for working capital purposes
Qualified Person
Exploration activities at Thor are overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner, P.Geo. is a principal of John J. Gardiner & Associates, LLC, which operates in British Columbia under Firm Permit Number 1002256.
For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com
Taranis currently has 102,421,487 shares issued and outstanding (119,972,613 shares on a fully-diluted basis).
TARANIS RESOURCES INC.
Per:
John J. Gardiner (P. Geo.),
President and CEO
For further information contact:
John J. Gardiner
681 Conifer Lane
Estes Park, Colorado 80517
Phone: (720) 209-3049
johnjgardiner@earthlink.net
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