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Timberline Resources Closes Final Tranche of US$2.0 Million Private Placement

COEUR D’ALENE, IDAHO–(Marketwired – April 13, 2017) – Timberline Resources Corporation (OTCQB:TLRS)(TSX VENTURE:TBR) (“Timberline” or the “Company”) announced that it has closed the third and final tranche of its previously announced non-brokered private placement (the “Offering”), for which it has received final approval from the TSX Venture Exchange.