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COEUR D'ALENE, IDAHO--(Marketwired - Jan. 13, 2017) - Timberline Resources Corporation (OTCQB:TLRS)(TSX VENTURE:TBR) ("Timberline" or the "Company") announced today that it has initiated a US$1,250,000 private placement offering of Units of the Company at a price of US$0.25 per Unit, with an over-allotment option to increase the offering by up to 20%, solely to persons who qualify as accredited investors (the "Offering") under Rule 506(c) of Regulation D promulgated by the SEC under the Securities Act of 1933, as amended (the "Securities Act"). |
