22:04:33 EDT Wed 20 May 2026
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Tajiri Resources Corp (2)
Symbol TAJ
Shares Issued 256,775,495
Close 2026-05-20 C$ 0.28
Market Cap C$ 71,897,139
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Tajiri Resources receives $1M from warrant exercise

2026-05-20 18:20 ET - News Release

Mr. Graham Keevil reports

TAJIRI RESOURCES RECEIVES C$1 MILLION FROM WARRANT EXERCISES AND PROVIDES UPDATE

Tajiri Resources Corp. has received $1-million from the exercise of 7,142,857 warrants held by Paragon Fund Management of Australia. The warrants were issued as part of a non-brokered offering completed in September, 2025, and priced at 14 cents per whole warrant. Following the warrant exercise and recent closing of two non-brokered private placements (see news April 24 and May 2, 2026) the company has strengthened its cash position by $5.7-million, enhancing its capacity to pursue high-impact opportunities, and continue aggressive exploration and development work at its Yono gold project in Guyana.

Yono gold project -- a strategically located discovery

The Yono project is contiguous with and surrounded on all sides by the Oko mine development of Toronto Stock Exchange-listed G Mining Ventures; that following the recent approximately $3-billion acquisition of G2 Goldfields hosts 6.9 million ounces and 2.0 Moz (million ounces) of indicated and inferred gold resources (approximately 94 million tonnes of 2.3 grams per tonne indicated and 26 Mt (million tonnes) of 2.5 g/t inferred) within 150 to 170 metres of Yono's eastern boundary and extending north and south over a total distance of approximately five kilometres.

The company's exploration at Yono has achieved consistent success from the outset-starting with auger sampling that identified widespread gold anomalism across the entire property, followed by trenching that confirmed multiple in-situ gold zones. Key intercepts thus far include high-grade results such as two metres at 41.3 g/t Au, two m at 30.2 g/t Au and one m at 10.9 g/t Au from first-pass trenching, with targeted phase II results returning potentially economic grades, including: 12 m at 2.4 g/t in YTR3R, 20 m at 1.4 g/t in YTR16, four m at 5.5 g/t in YTR18, 19 m at 4.6 g/t in YTR4 and, most recently, an additional 32 m at 1.1 g/t Au in an extension of Trench 16. These results delineate at least three major mineralized structural-stratigraphic corridors with approximately three km of strike potential all hosted in the same geological setting as adjacent gold resources. Trenching is continuing, and the company is accelerating exploration in preparation for initial drilling.

Message from the CEO

Graham Keevil, president and chief executive officer, commented: "Following the completion of our two most recent offerings and the exercise of Paragon's warrants, the company is now fully funded to advance our plans in Guyana. The early success of our efforts to prove gold at Yono, coupled with the recent consolidation of the area by G Mining Ventures, creates a situation on the ground that could not be more exciting for our shareholders. Thanks to the strong support of industry-leading investors such as Paragon Funds and CIO John Deniz, the company can continue to rapidly develop its cornerstone Yono property while also growing its exploration portfolio to the benefit of our shareholders. Our focus will be on underexplored areas with the highest potential for new gold discoveries-discoveries that we believe could become Guyana's future gold mines."

About Tajiri Resources Corp.

Tajiri Resources is a junior gold exploration and development company with exploration assets located in the emerging premier gold destination of Guyana, South America. Lead by a team of industry professionals with a combined 100-plus years of experience -- 40 of that in Guyana; and a record of discovering approximately 20 million ounces of gold across Western Australia, West Africa and Guyana -- the company's goal is to create value through exploration and discovery.

Qualified person

The scientific and technical contents of this news release have been reviewed and approved by Dominic O'Sullivan, BSc, and executive chairman of the company. Mr. O'Sullivan is an honours graduate of the University of Sydney and a member of the AusIMM and a qualified person, as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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