Mr. John Keating reports

PJX RESOURCES MODIFIES AND COMPLETES PRIVATE PLACEMENT

PJX Resources Inc. has modified and completed a non-brokered private placement for total proceeds of $1,273,000.

The company has modified and completed an offering of a total of 6,365,000 units, consisting of 3,605,000 flow-through units and 2.76 million non-flow-through units. On April 1, 2015, the company had initially announced that the offering consisted of 2,855,000 flow-through units and 3.51 million units. Each flow-through unit was issued at a price of 20 cents per flow-through unit, and consists of one common share and one-half of one non-transferable common share purchase warrant. Each unit was issued at a price of 20 cents per unit, and consists of one common share and one non-transferable common share purchase warrant. Each warrant, regardless of whether issued as part of a flow-through unit or a unit, will entitle the holder to purchase one common share at an exercise price of 20 cents for 24 months following completion of the offering. Approval of the offering by the TSX Venture Exchange was received on April 8, 2015. All securities issued under the offering are subject to a statutory four-month hold period ending on Aug. 9, 2015.

A total of $26,000 in finders' fees will be paid to Canaccord Genuity Corp., GMP Securities LP and PI Financial Corp. in connection with the offering, in accordance with the policies and subject to the approval of the TSX Venture Exchange.

The company intends to use the net proceeds of the offering for expenditures on its properties located in Cranbrook, B.C., and for general working capital. The proceeds from the issuance of the flow-through units shall be used to finance exploration expenditures on the Cranbrook properties and will qualify as Canadian exploration expenses.

"Recent drilling on the Vine property has discovered zinc mineralization in a geological environment with the potential to host a sedex zinc-lead-silver type of deposit. Computer modelling of the gravity geophysics has identified a somewhat flat-lying bedded target and a possible subvertically dipping folded target within an attenuation or deformed zone above the Moyie fault. Additional modelling of the data is under way to refine the next target to test by drilling," states company president and chief executive officer John Keating. "The property can be drilled at any time of the year and has great infrastructure. Two power lines, rail and roads cross the property, located 20 minutes south along Highway 3 from Cranbrook, B.C."

Consulting geologists consider the Vine property's geological environment to be similar to the Sullivan sedex (sedimentary exhalative) deposit that is located 35 kilometres to the north. There are two large target areas (eastern and western gravity anomalies) that have potential to host sedex massive sulphide zinc, lead and silver mineralization. Only three holes have been drilled to a target depth of the footwall quartzite in the eastern target area. Two of these holes, drilled in the 1990s, intersected zinc, lead, silver massive sulphide mineralization. The western gravity target area has never been drilled.

The foregoing geological disclosure has been reviewed by Mr. Keating, PGeo (a qualified person for the purpose of National Instrument 43-101, standards of disclosure for mineral projects). Mr. Keating is the president, CEO and a director of PJX.

We seek Safe Harbor.