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Timberline Resources Announces Extension of Private Placement Financing

COEUR D’ALENE, IDAHO–(Marketwired – Feb. 24, 2017) – Timberline Resources Corporation (OTCQB:TLRS)(TSX VENTURE:TBR) (“Timberline” or the “Company”) has received approval from the Toronto Venture Exchange to extend the final closing date of Timberline’s non-brokered private placement (the “Offering”) until March 29, 2017. As announced on February 17, 2017, the Company has already closed the first tranche of the Offering by issuing 1,945,000 units (“Units”) for a total of US$486,250.