Tajiri Resources (TSX-V:TAJ) has issued 40 million shares to shareholders of Nebula Resources for the acquisition of the Yono Gold Property in South America.
Shares will be held in a statutory hold period for four months and one day from the issuance, with privately held company Javelin Minerals having ownership and control over 23.5 million of the 40 million issued shares.
Following the issuance of the acquired shares, Javelin now holds a 15.82% interest in Tajiri, an increase from its prior 7.8% holding.
Together with its Executive Chairman, Dominic O’Sullivan, Javelin has increased its total shareholding from 16.88 million to 40.38 million shares under this agreement.
Javelin says the increase in shareholding is solely as consideration for the sale of the Yono Property.
As reported by Mining.com.au in March 2026, Tajiri extended mineralisation in trend YTR16 at Yono after intersecting 20m @ 1.4 grams per tonne gold to 32m @ 1.1g/t gold.
Earlier this month, the company closed a non-brokered private placement of C$2 million ($2.02 million), through the issuance of 9.54 million units at C$0.21 each.
Tajiri Resources is a junior gold explorer and developer with assets in Guyana, South America.
Write to Maddison Elliott at Mining.com.au
Images: Tajiri Resources
