Tajiri Resources Corp. (TSXV:TAJ) entered into a non-binding letter of intent to acquire Two Prospective Gold Projects in Guyana from Nebula Resources Inc., P2 Inc., Epeius Mining Inc. and Telluric Inc. for $0.81 million on June 24, 2020. Pursuant to terms and conditions of the letter of intent, Tajiri Resources will pay $5,000 to secure a 3 month period for completion of due diligence and will issue 20 million common shares to the vendors to acquire all interests in the two projects which will be escrowed for 12 months, with 25% of the shares being released after 12 months and an additional 25% every 3 months thereafter. The Vendors will retain a 2% NSR on any production from all tenements. The vendors will be entitled to receive additional shares equal in value to 0.02% of the value of all resources (measured, indicated and inferred) and 1% of the value all reserves (proven and probable) delineated on the properties. The transaction is subject to entering into a definitive agreement with the vendors; approval of the majority of disinterested shareholders of Tajiri Resources and approval of the TSX Venture Exchange. As of June 7, 2023, Tajiri Resources Corp. is in the process of preparing filings and NI43-101 technical reports to facilitate a shareholder vote on the approval of the acquisition, a requirement based on the terms of the LOI and the material nature of the transaction.

Tajiri Resources Corp. (TSXV:TAJ) cancelled the acquisition of Two Prospective Gold Projects in Guyana from Nebula Resources Inc., P2 Inc., Epeius Mining Inc. and Telluric Inc. on September 1, 2023.