Timberline Resources announces that it has closed its previously announced non-brokered private placement financing. Under the Offering, the Company issued 18,933,705 common shares at a price of US$0.25 for total consideration of US$4,733,426. Proceeds of the Offering will be used for exploration on the Company's Nevada gold projects, primarily its flagship Eureka Project on the Battle Mountain Eureka Trend, and for
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