Natan Resources Ltd.: Closes First Tranche of Non-Brokered Private Placement

Vancouver - Natan Resources Ltd. (the “Company”) is pleased to announce that it has closed the first tranche of its non-brokered private placement (the “First Tranche”) previously announced on April 20, 2016. Pursuant to the First Tranche, a total of 7,050,000 common shares (the “Shares”) were issued at a price of $0.05 per Share for gross proceeds of $352,500. All securities issued in connection with the First Tranche are subject to a four-month hold period that expires on September 17, 2016. The private placement remains subject to final approval of the TSX Venture Exchange.

Certain directors and/or officers of the Company have acquired securities under the private placement.

In connection with the Placement the Company has agreed to pay finder’s fees of $3,000 cash and 60,000 Shares to arm’s length parties.


On behalf of the Board of Directors

Natan Resources Ltd.



For further information regarding this news release contact:

Natan Resources Ltd.
Brendan Purdy, CEO and Director
Tel: (416) 276-4581



This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of our management on the date the statements are made. Natan Resources Ltd.. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this press release.

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