Tajiri Resources (TSX-V:TAJ) Corp has announced a non-brokered private placement to raise proceeds of at least C$350,000 by issuing company common shares at a price of $0.035 per share.
The junior gold explorer and project developer said proceeds from the offering will be used for project payments as well as general working capital.
Tajiri noted that finders may be paid on a portion of the offering, and it is likely insiders may participate.
The company added that closing of the private placement will require the acceptance of the TSX Venture Exchange and all shares issued will be subject to a four-month plus one-day hold period.
Tajiri Resources (TSX-V:TAJ) is a junior gold exploration and development company with exploration assets located in two of the world’s least explored and highly prospective greenstone belts of Burkina Faso, West Africa and Guyana, South America.
Contact Sean at sean@proactiveinvestors.com