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* denotes a Personal Law Corporation

TUPPER JONSSON & YEADON

BARRISTERS & SOLICITORS

An Association of Lawyers and law corporations

CARL R. JONSSON* LEE S. TUPPER* 1710 - 1177 West hastings street

GLENN R. YEADON* Vancouver, b.c., canada

JEFFREY T. K. FRASER* V6E 2L3

Tel: (604) 683-9262 Local 118

Direct Line: (604) 640-6355

Fax: (604) 681-0139

Email yeadon@securitieslaw.bc.ca

REPLY ATTENTION OF: GLENN R. YEADON

OUR FILE: 46422

June 9, 2026 BY EMAIL

Canada Stockwatch

Vancouver, B.C.

By Email: to news@stockwatch.com

Market News Publishing, Inc.

Vancouver, B.C.

By Email: to news@baystreet.com

Dear Sirs:

RE TARANIS RESOURCES INC.

We are the solicitors for the above-mentioned company, and are enclosing a copy of its News Release of even date, which we would ask that you disseminate pursuant to the TSX Venture Exchange's requirements, as well as for distribution in the normal fashion. (Please note that we will be handling the SEDAR+ filing of this News Release.)

Yours very truly,

TUPPER JONSSON & YEADON

"Glenn R. Yeadon"

Glenn R. Yeadon

GRY/ss

Enclosure

c: Taranis Resources Inc. - via email

Attention: John J. Gardiner, President

tnm@northernminer.com

vancouver@northernminer.com

British Columbia Securities Commission - via SEDAR

Alberta Securities Commission - via SEDAR

Ontario Securities Commission - via SEDAR

File: '\\swfile\EmailIn\20260609 102953 Attachment tro nr june 9 2026 re debt settlementv2.docx'

FOR IMMEDIATE RELEASE

Taranis Resources Inc.

681 Conifer Lane

Estes Park, Colorado

80517

www.taranisresources.com

Taranis Resources Inc. announces Debt Settlements and Provides Additional Information on Four Important Exploration Targets Peripheral to the Core Mineral Resource

Estes Park, Colorado, June 9, 2026 - Taranis Resources Inc. ("Taranis") [TSX.V: TRO, OTCQB: TNREF] announces that it has negotiated debt settlement agreements with a non-arm's length creditor and a trade creditor pursuant to which indebtedness totalling $197,543.66 in respect of certain outstanding principal and interest loan obligations and in respect of an outstanding trade payables is to be satisfied by the issuance of 1,316,958 common shares at a deemed price of $0.15 per share, subject to regulatory acceptance.

In addition, Taranis has produced four videos that can be found online at Drill Targets - Thor Project - YouTube. These videos provide an overview of Taranis' unique approach to exploration, moving outwards from the well-defined core Mineral Resource. They also show how Taranis uses 3D geophysical and geochemical processing to map the subsurface in mature exploration terrains.

About Taranis Resources Inc.

For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com

Taranis currently has 103,739,487 shares issued and outstanding (122,608,613 shares on a fully-diluted basis).

TARANIS RESOURCES INC.

Per: John J. Gardiner (P. Geol.),

President and CEO

For further information contact:

John J. Gardiner

681 Conifer Lane

Estes Park, Colorado

80517

Phone: (303) 716-5922

Cell: (720) 209-3049

johnjgardiner@earthlink.net

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 NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.