Tajiri Resources (TSX-V:TAJ) has upsized its non-brokered private placement to now raise C$2.5 million ($2.55 million), following strong investor interest.
As reported by Mining.com.au, the company originally intended to raise up to C$1.5 million to fund exploration and development activities, future acquisitions, and general working capital.
Tajiri will issue 13.88 million units at a price of C$0.18 each. Each unit comprises one share and one-half purchase warrant.
Holders will be entitled to acquire an additional share at C$0.40 over an 18-month period for each whole warrant held.
The placement is expected to close on or around 22 April 2026.
Tajiri Resources is a gold exploration and development company with exploration assets in Guyana, South America.
Write to Maddison Elliott at Mining.com.au
Images: Tajiri Resources
