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Khan Disputes Second Preliminary Tax Assessment

TORONTO, ONTARIO–(Marketwired – Feb. 15, 2017) – Khan Resources Inc. (“Khan” or the “Company“) (CSE:KRI)(CSE:KRI.CN) announces that its Dutch subsidiary, Khan Resources BV, has now received an amended preliminary tax assessment from the Dutch tax authority. As announced on December 22, 2016, the initial assessment amounted to EUR13.4 million based on a taxable income of EUR45.8 million for the fiscal year ended July 31, 2016. The amended preliminary tax assessment amounts to EUR3.3 million based on a taxable income of EUR13.2 million.