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CALGARY, AB, Aug. 15, 2023 /CNW/ - TVI Pacific Inc. (TSXV: TVI); (OTC Pink: TVIPF) ("TVI" or the "Company") is pleased to announce that, further to its press releases dated May 30, 2023, June 26, 2023, July 31, 2023 and August 15^th (as it related to an extension), the Company has completed and closed its previously announced non-brokered private placement to Prime Resources Holdings, Inc. ("PRHI") of 53,600,000 common shares in the capital of the Company, at a price of $0.025 per share (the "Private Placement"), for gross proceeds of $1,340,000 (or approximately US$1,000,000).