Jupiter Investment Management Ltd - Aug 29, 2023 Form 3 Insider Report for Timberline Resources Corp (TLRS)

Role: 10%+ Owner
Signature: Jupiter Investment Management Limited, By: /s/ Katie Carter, Head of Compliance
Stock symbol: TLRS
Transactions as of: Aug 29, 2023
Transactions value $: $0
Form type: 3
Date filed: 9/8/2023, 04:05 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TLRS	Common Stock par value $0.001 per share ("Common Stock")						25.9M	Aug 29, 2023	See footnote	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	TLRS	Warrants							Aug 29, 2023	Common Stock	5M	$0.08	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported herein are held by Jupiter Gold & Silver Fund (the "Jupiter Fund"). Jupiter Investment Management Limited serves as the investment manager to the Jupiter Fund and is indirectly controlled by Jupiter Fund Management plc. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Persons is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2	Each warrant is exercisable to acquire one share of the Issuer's Common Stock at a price of $0.08 per share until the warrant expiration date of August 30, 2026.

Content

The securities reported herein are held by Jupiter Gold & Silver Fund (the "Jupiter Fund"). Jupiter Investment Management Limited serves as the investment manager to the Jupiter Fund and is indirectly controlled by Jupiter Fund Management plc. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Persons is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Each warrant is exercisable to acquire one share of the Issuer's Common Stock at a price of $0.08 per share until the warrant expiration date of August 30, 2026.