Tajiri Closes Non-Brokered Private Placement
In connection with the Offering certain officers and directors of the Company collectively acquired 3,000,000 Units. The foregoing transactions constitute, in each case, a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the securities acquired by the insiders, nor the consideration for the securities paid by the insiders, exceeded 25% of the Company's market capitalization, in each case as determined under MI 61-101.
The lead order in the private placement was from
On Behalf of the Board,
President & CEO
About Tajiri
Contact Information:
President, CEO
778-229-9602
graham@tajirigold.com
www.tajirigold.com
Forward-Looking Statements
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release, including, without limitation, statements with respect to: the completion and integration of the acquisition of the Yono Property; anticipated results of geophysical surveys or drilling programs; estimated timing thereof; geological interpretations; potential mineral recovery processes; and other future plans and objectives of the Company. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases, or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements contained herein are made as of the date of this press release, and the Company disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy and / or accuracy of this release.
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