VANCOUVER, BC, June 7, 2023
/CNW/ - Tajiri Resources Corp. (the "Company") (TSXV: TAJ) is
providing investors clarification relating to disclosures contained
in news released by the Company May
23rd, 2023 that included reporting of drill
results on a property adjacent to 'The Gargantuan' Project' located
in Guyana, South America.
Firstly, the Company notes to investors that it does not
currently hold any interest in the Gargantuan Project and is only
party to a non-binding letter of intent ('LOI') to acquire it and
the Epeius Project under terms detailed in news released
June 24th, 2020. The
Company is currently in the process of preparing filings and
NI43-101 technical reports to facilitate a shareholder vote on the
approval of the acquisition, a requirement based on the terms of
the LOI and the material nature of the transaction. There can be no
assurance that the acquisition will receive approval by the TSX
Venture Exchange or the shareholders of Tajiri at this time and
therefore the disclosures contained in its May 23rd, 2023 announcement are
considered immaterial to the Company until such time as all
required documentation has been filed, reviewed and approved by
shareholders.
Secondly, the Company advises that results reported in its
May 23rd announcement were
sourced solely from a third-party news release and Tajiri's
Qualified Person responsible for the review of technical details
included therein had no access to the data on which the information
was based and therefore, by definition, was unable to independently
confirm or verify their accuracy or reliability. The Company also
reminds investors that the results, resources or mineralization on
the adjacent property are not necessarily indicative of the
potential for similar to exist on 'The Gargantuan Project'.
On Behalf of the Board,
Tajiri Resources Corp.
Graham
Keevil,
President & CEO
About Tajiri
Tajiri Resources Corp. is a junior gold exploration and
development Company with exploration assets located in two of the
worlds least explored and highly prospective greenstone belts of
Burkina Faso, West Africa and Guyana, South
America. Lead by a team of industry professionals with a
combined 100 plus years' experience the Company continues to
generate shareholder value through exploration.
www.tajirigold.com
This news release may contain forward-looking statements based
on assumptions and judgments of management regarding future events
or results. Such statements are subject to a variety of risks and
uncertainties which could cause actual events or results to differ
materially from those reflected in the forward-looking statements.
The Company disclaims any intention or obligation to revise or
update such statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Tajiri Resources Corp.