Tana Resources Corp. Announces $175,000 Financing

Executive Summary

• Tana Resources Corp. announced a non‑brokered private placement of up to 4,875,000 common shares at $0.04 per share, targeting gross proceeds of up to $175,000.
• Net proceeds are intended for working capital and general corporate purposes; the offering may be closed in one or multiple tranches with no minimum size required.
• The securities will be subject to a statutory hold period of four months plus one day, and closing is contingent on regulatory and exchange approvals.

Key Details

• Offering Size: Up to 4,875,000 common shares (maximum gross proceeds $175,000).
• Issue Price: $0.04 per share.
• Use of Proceeds: Working capital and general corporate purposes.
• Tranche Flexibility: Company may close the offering in one or more tranches; no minimum number of shares or aggregate proceeds required.
• Statutory Hold Period: Four (4) months plus one day from issuance date.
• Closing Conditions: Subject to receipt of all necessary regulatory and corporate approvals, including CSE approval.
• Regulatory Disclaimer: Offering not an offer in the United States; securities not registered under U.S. securities laws and may not be sold to U.S. persons absent exemption.

Notable Quotes

• “We are pleased to provide this financing opportunity to support our ongoing exploration activities and corporate initiatives,” – Vartan Korajian, President and CEO.