Timberline Resources Closes Final Tranche of US$2.0 Million Private Placement

Timberline Resources Corp.

COEUR D'ALENE, IDAHO--(Marketwired - April 13, 2017) - Timberline Resources Corporation (OTCQB:TLRS)(TSX VENTURE:TBR) ("Timberline" or the "Company") announced that it has closed the third and final tranche of its previously announced non-brokered private placement (the "Offering"), for which it has received final approval from the TSX Venture Exchange.