Talisker Resources — Capital/Financing Update 2020

Dec 16, 2020

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Talisker Grants Options & RSUs

TORONTO, Dec. 15, 2020 /CNW/ - Talisker Resources Ltd. (" Talisker " or the " Company ") (CSE: TSK) (OTCQX: TSKFF) announces that it has granted in accordance with the Company's stock option plan an aggregate of 4,425,00 options to purchase common shares of the Company to certain officers, employees and consultants. All of the options granted are exercisable at $0.33 for a period of five years. The Company also granted 780,000 restricted share units ("RSUs") to officers of the Company. The RSUs are payable in common shares of the Company and vest in three equal installments over three years, after the date of the grant.

About Talisker Resources Ltd.

Talisker ( taliskerresources.com) is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker's projects include the Bralorne Gold Complex, an advanced stage project with significant exploration potential from a historical high-grade producing gold mine as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects. With its properties comprising 278,364 hectares over 256 claims, three leases and 198 crown grant claims, Talisker is a dominant exploration player in the south-central British Columbia. The Company is well funded to advance its aggressive systematic exploration program at its projects.

SOURCE Talisker Resources Ltd

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%SEDAR: 00005798E

For further information: Terry Harbort, President & CEO, Terry.harbort@talliskerresources.com, +1 416 361 2808; Mick Carew, VP, Strategic and Corporate Development, mick.carew@taliskerresources.com, +1 604 803 7711

CO: Talisker Resources Ltd

CNW 19:44e 15-DEC-20