Talisker Provides Update on the Second Draw on the US$31,250,000 Financing with Sprott Streaming and Royalty for the Bralorne Gold Project

Press Release

TORONTO, June 03, 2024  — Talisker Resources Ltd. (“ Talisker ” or the “ Company ”) (TSX: TSK, OTCQX: TSKFF) is pleased to provide an update that, pursuant to the previously announced royalty agreement (the “ Agreement ”) with Sprott Resource Streaming and Royalty Corp. (“ Sprott ”) in relation to the Company’s 100% owned Bralorne Gold Project, Sprott has approved the second draw of US$11,750,000, subject to conclusion of amended documentation and satisfaction of closing conditions. Full details on the Agreement are included in the Company’s press release of June 12, 2023. In connection with the second draw, the Company and Sprott are negotiating an amendment on the timing of the production target of 38,000 ounces of gold.

Terry Harbort, CEO of Talisker stated, “We are pleased to have finalized the deliverables for the second draw and anticipate closing to occur in June post finalization of amendments to the Agreement.”

For further information, please contact:

Terry Harbort
President and CEO
terry.harbort@taliskerresources.com
+1 416 361 2808

Matt Filgate
Vice President, Corporate Development
matt.filgate@taliskerresources.com
+1 778 679 3579

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