Tarku Closes $550,000 Private Placement and Grants Stock Options

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Dec 22, 2022

MONTREAL, QC / ACCESSWIRE / December 21, 2022 / Tarku Resources Ltd (TSXV:TKU, Financial),(FRA:7TK, Financial),(OTCQB:TRKUF) (the "Company" or "Tarku") announces that it has closed today a non-brokered private placement (the "Private Placement") for aggregate gross proceeds of $550,000. This Private Placement is comprised of 13,750,000 units (the "Units") at a price of $0.04 per Unit. Each Unit is comprised of one common share and one share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.08 per share, for a period of 36 months from the date the Units are issued.