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Telferscot Resources Closes Private Placement

TORONTO, ONTARIO–(Marketwired – May 11, 2017) – Telferscot Resources Inc. (CSE:TFS)(CSE:TFS.CN)(CSNX:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has closed the non-brokered private placement previously announced on April 25, 2017. A total of 10 million common shares were issued at a price of CAD$0.01 per share for gross proceeds of C$100,000.