Taipan Closes Agreement To Buy A 25% Working Interest In Oil And Gas Leases In Texas Panhandle – 6/2/2016

Vancouver, British Columbia–(Newsfile Corp. – June 2, 2016) – Taipan Resources Inc. (TSXV: TPN) (“Taipan” or the “Company”) is pleased to announce that it has closed its acquisition of a twenty five percent (25%) working interest in in fifty seven (57) oil and gas leases covering 7,314 acres located in the bifurcated Texas Panhandle (the “Transaction”).