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To: Goose94 who wrote (12441)	9/15/2015 10:37:17 AM
From: Goose94	Read Replies (3) \| Respond to of 203373

Timberline Res. (TBR-V) Sept 15, '15 is pleased to announce that it has signed a non-binding Letter Agreement ("Letter Agreement") with an effective date of September 13, 2015, pursuant to which Waterton Precious Metals Fund II Cayman, LP (together with its subsidiaries and affiliated and associated entities, "Waterton") has offered to acquire all of the issued and outstanding shares of Timberline's common stock for cash consideration of US$0.58 per Timberline share (the "Transaction"). The structure of the proposed Transaction remains to be determined, and the consummation of the Transaction is subject to completion of due diligence, execution of definitive agreements, Board and regulatory approvals, and other customary closing conditions. In connection with the Transaction, Timberline and Waterton have agreed that Waterton will subscribe for 1,331,861 common shares of Timberline on a private placement basis at a price of US$0.375 per share for total proceeds of US$499,447.87 (the "Private Placement"). This represents approximately 9.9% of Timberline's outstanding common shares after giving effect to the Private Placement. The Private Placement is binding and expected to close no later than September 23, 2015, subject to the satisfaction of certain regulatory requirements, but is not contingent on completion of the Transaction. Waterton will have the right to maintain its pro rata ownership position in Timberline in the event the Transaction is not completed. Kiran Patankar, President and CEO of Timberline commented, "We are very pleased to announce this agreement with Waterton, which addresses Timberline's immediate financing requirements and, subject to completion of the Transaction, also provides cash consideration to Timberline shareholders at a significant premium to the current trading price in a difficult market for junior gold companies." Cheryl Brandon, Partner and head of Investment Management of Waterton's investment adviser said, "We are very pleased to have reached an agreement with the board and management of Timberline. The acquisition of Timberline's assets in Nevada will enhance Waterton's existing portfolio of high-quality development properties in the region." Proposed Transaction Highlights Acquisition price of US$0.58 per share represents a 76% premium to Timberline's closing price of US$0.33 per share on September 11, 2015 and a 79% premium to the Company's 20-day Volume Weighted Average Price ("VWAP") The cash consideration being provided by Waterton offers Timberline shareholders certainty in a difficult market environment for gold exploration and development companiesThe Private Placement financing of US$499,447.87 significantly de-risks the Company financially in the event the Transaction does not proceedWaterton has a proven recent track record of acquiring Nevada gold assets and has a strong strategic interest in advancing both the Talapoosa and Eureka projects Proposed Transaction Overview Pursuant to the Letter Agreement, Timberline has granted Waterton an exclusivity period ("Exclusivity Period") until 30 days following receipt of certain due diligence materials to complete its due diligence review and for the execution of definitive agreements, which may include Lock-up Agreements with each of the Directors and Officers of Timberline and a Support Agreement. Timberline has also granted Waterton customary deal protections including a 5% break fee payable in the event Timberline enters into an alternative transaction within a 90-day period following expiry of the Exclusivity Period. Advisors With respect to the Transaction, Macquarie Capital Markets Canada Ltd. is serving as exclusive financial advisor to Timberline, McMillan LLP is serving as the Company's US Counsel and Miller Thomson LLP is serving as the Company's Canadian Counsel. About Timberline Timberline Resources Corporation is focused on advancing district-scale gold exploration and development projects in Nevada, including its recently optioned Talapoosa project in Lyon County where the Company has completed and disclosed a positive preliminary economic assessment. Timberline also controls the 23 square-mile Eureka project lying on the Battle Mountain-Eureka gold trend. At Eureka, the Company continues to advance its gold resource at the Lookout Mountain project area, and has recently completed a drill program at the Windfall project area. Exploration potential occurs within three separate structural trends defined by distinct geochemical gold anomalies. Timberline also owns the Seven Troughs property in northern Nevada, known to be one of the state's highest grade, former producers, as well as a 50% carried-to-production interest in the Butte Highlands high-grade underground gold project in Montana. Timberline is listed on the NYSE MKT where it trades under the symbol "TLR" and on the TSX Venture Exchange where it trades under the symbol "TBR". About Waterton Waterton is a leading mining-focused private equity firm dedicated to developing high quality precious and base metals projects located in stable jurisdictions. Waterton's cross-functional, fully-integrated, in house team of professionals have significant mining, financial and legal expertise. Waterton's proactive approach to asset management, significant sector knowledge and ability to leverage extensive industry relationships has resulted in a strong track record of managing investments in the metals sector. Additional information about Waterton is available online at www.watertonglobal.com. Timberline Resources Corporation Kiran Patankar President and Chief Executive Officer 208-664-4859 info@timberline-resources.com www.timberline-resources.com Waterton Riyaz Lalani Bayfield Strategy, Inc. 416-907-9365 rlalani@bayfieldstrategy.com

To: Goose94 who wrote (12441)	3/17/2016 2:23:55 PM
From: Goose94	Read Replies (2) \| Respond to of 203373

GUN-V new 52 week high, 19.5 cents... Never trades.

To: Goose94 who wrote (12441)	10/20/2016 8:10:34 AM
From: Goose94	Read Replies (1) \| Respond to of 203373

Gunpoint Exploration (GUN-V), Timberline Exploration (TBR-V) Oct 20, '16 is pleased to announce that the Company has successfully restructured the terms of its option agreement with Gunpoint Exploration to acquire 100% of the Talapoosa gold project in Nevada. The Company's primary objective in restructuring the Option Agreement was achieved by extending the option exercise period from September 12, 2017 to March 31, 2019 (the "Option Exercise Closing Date"). The requirement to pay Gunpoint US$10 million by September 12, 2017 has now been modified and extended to March 31, 2019, thereby allowing near-term expenditures to be focused toward advancement of the Talapoosa gold project. The following summarizes the amended terms of the Option Agreement: Payment of US$1 million and one million common shares of the Company by March 31, 2017; Payment of US$2 million and one million common shares of the Company by March 31, 2018; A final payment of US$8 million and 1.5 million common shares of the Company on March 31, 2019; Timberline agrees to undertake cumulative project expenditures of a minimum of US$7.5 million by December 31, 2018; Elimination of Timberline's US$3 million purchase option of the 1% net smelter return royalty ("NSR") retained by Gunpoint upon Timberline's acquisition of Talapoosa; and, The contingent payment based on escalating gold prices in the Option Agreement has been revised such that if gold prices average greater than or equal to US$1,600 over any 90 day period ("Trigger Event") within a 5-year period commencing on the Option Exercise Closing Date, Timberline will pay Gunpoint an additional payment of US$10 million of which a minimum of US$5 million will be payable within six months of the Trigger Event, and the remaining US$5 million payable within twelve months of the Trigger Event, with both payments payable with 50% in cash and 50% in shares at Timberline's discretion. Timberline's President and Chief Executive Officer, Steven Osterberg, commented, "We are very pleased to have extended the Talapoosa purchase option exercise date, which will allow for the completion of additional drilling, metallurgical testing, engineering, and permitting. It is anticipated that these required project expenditures will provide for more rapid advancement toward development as an open-pit, heap leach operation. Given Talapoosa's advanced stage and favorable jurisdiction, we are excited to move forward with this gold project that already has over 1.3 million ounces of gold defined and clear growth potential by way of further drilling. We appreciate the flexibility and willingness of Gunpoint's Board of Directors to provide this extension, and we look forward to working with them as they continue as a very significant and supportive Timberline shareholder." Talapoosa Highlights: Timberline previously reported the results of a positive Preliminary Economic Assessment ("PEA"), dated April 27, 2015, carried out on the Talapoosa project. Several key findings in the PEA support the Project's low-risk profile and robust economic potential, including: Established Canadian National Instrument 43-101 ("NI 43-101") resource consisting of 1,012,802 ounces (oz) of gold (28.4M @ tonnes 1.11 g/t) in the Measured & Indicated Resources (M&I) categories, with an additional 233,532 oz of gold (10.2M tonnes @ 0.72 g/t) in the Inferred Resource category; Partially permitted open-pit, heap-leach project with extensive historical engineering work; After-tax NPV5% of $136 million and 39% IRR at $1,150/oz gold price and $16/oz silver Price; Estimated average annual production of 55,000 oz of gold and 679,000 oz of silver for 11 years; Life of mine all-in sustaining costs of $599/oz gold(net of silver by-product at $16/oz silver price); and Low initial capital of $51 million required to achieve production. PEA Disclaimer The PEA is preliminary in nature, and the economic analysis it presents is based, in part, on Inferred Resources that are considered too speculative geologically to have mining and economic considerations applied to them that would enable them to be categorized as Mineral Reserves. Estimates of Inferred Resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. There is no certainty that the economic forecasts contained within the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. All currency figures are in US Dollars (US$ or $) unless otherwise stated. About Timberline Resources Timberline Resources Corporation is focused on advancing district-scale gold exploration and development projects in Nevada, including its Talapoosa project in Lyon County where the Company has completed and disclosed a positive preliminary economic assessment. Timberline also controls the 23 square-mile Eureka project lying on the Battle Mountain-Eureka gold trend. At Eureka, the Company continues to advance its Lookout Mountain and Windfall project areas. Exploration potential occurs within three separate structural-stratigraphic trends defined by distinct geochemical gold anomalies. Timberline also owns the Seven Troughs property in northern Nevada, known to be one of the state's highest grade, former producers. Timberline is listed on the OTCQB where it trades under the symbol "TLRS" and on the TSX Venture Exchange where it trades under the symbol "TBR". Steven A. Osterberg President and CEO 208-664-4859 info@timberline-resources.com www.timberline-resources.com