Timberline Resources Corp (fka TLRS)

[Picassa]

The Company is offering 5,000,000 shares of its common stock at $0.20 per share to the public. The gross proceeds from the offering are expected to be approximately $1 million, prior to deducting the underwriting discount and estimated offering expenses payable by Timberline. Timberline has granted the underwriter a 45-day option to purchase at the public offering price up to an aggregate of 750,000 additional shares of common stock to cover over-allotments