Issuance of Consideration Shares for Yono Gold Property

Tajiri completed the issuance of 40 million consideration shares to the shareholders of Nebula Resources Inc. – a final step in the Yono Gold Property acquisition first closed in September 2025. The shares are subject to a four‑month hold. Javelin Minerals Inc. (controlled by Executive Chairman Dominic O’Sullivan) received 23.5 million of those shares, lifting its aggregate stake with O’Sullivan to about 15.82% of the now‑larger share count. The release is purely administrative; no exploration data or new forward‑looking plans were presented.

The news is a routine completion of a pre‑announced transaction. The market had already priced the Yono acquisition; the share issuance was a known component of the deal. While the increase in insider ownership (to 15.82%) reinforces management’s alignment, it introduces no fresh catalysts. No new exploration results, drill plans, or resource updates accompanied the filing. In the context of the last eight months of trenching results, this is a “paperwork” event that does not alter the investment thesis. Given the history of repeated placements and the fully diluted share count now exceeding 250 million, the issuance is also mildly dilutive to existing holders, though they should have anticipated it. The lack of market‑moving content leads to a Routine‑Positive classification – positive only insofar as it removes any residual uncertainty about the deal’s finalization.

Tajiri is a junior gold explorer holding approximately 1,300 km² of ground in Guyana and Burkina Faso. Its flagship asset is the Yono Gold Property in Guyana (65% interest, operator). Yono sits directly adjacent to G2 Goldfields’ Oko and G‑Mining Ventures’ Oko West deposits, which together host about 8.9 Moz of indicated+inferred resources. The Yono license covers roughly 5 km of prospective strike within the Oko‑Yono Gold Corridor, with trenching and auger sampling identifying multiple gold‑bearing structural corridors (Tweener, Ridgeline Splay, Eastern Border) that mirror the geology of the neighboring multi‑million‑ounce systems. Other projects include the Gargantuan and Epeius‑Kaburi properties in Guyana and the Reo project in Burkina Faso, but company’s current focus and market attention are squarely on Yono.