Tarachi Gold Announces Private Placement Financing of Units for Gross Proceeds of $4,000,000 with Lead Order of $1,980,000 from Ausenco Engineering

Vancouver, British Columbia (February 15, 2022) – Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) (“Tarachi” or the “Company”) is pleased to announce a non-brokered private placement financing of up to 22,222,222 units of the Company (the “Units”) at a price of C$0.18 per Unit for gross proceeds of up to C$4,000,000 (the “Financing”). Each Unit is comprised of one common share of the Company and onehalf of one common share purchase warrant (each whole common share purchase
warrant, a “Warrant”) of the Company. Each Warrant will entitle the holder to purchase one common share of the Company at an exercise price of C$0.30 for a period of 24 months following the closing date of the Financing.

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