Timberline Resources Announces Increase and Extension of Private Placement Financing
(WorldNews Business)

Coeur d`Alene, Idaho - March 24, 2017 - Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) (`Timberline` or the `Company`) announced today that due to demand, it has increased the amount of its previously announced non-brokered private placement, disclosed in a press release dated January 13, 2017, from US$1.25 million, with an over-allotment option to increase the offering by up to 20%, to US$1.75 million (the `Increased Offering`). Under the Increased Offering, the Company may issue up to 7 million Units of the Company (the `Units`) at a price of US$0.25 per Unit and is offered under Rule 506(c) of Regulation D promulgated by the SEC under the Securities Act of 1933, as amended...