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File: Attachment JUGR NR F-T PP Dec 31_19.pdf

                    JUGGERNAUT CLOSES FLOW-THROUGH UNIT FINANCING


Vancouver, British Columbia   December 31, 2019   Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB:
JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut") announces that it has submitted documents to the TSX
Venture Exchange (the "Exchange") seeking approval to close its $0.28 Flow-Through Unit (the "Units")
Private Placement Financing.

The Company has raised aggregate proceeds of $100,119.98 and on receipt of Exchange approval will issue
357,571 Units, each Unit consisting of 1 flow-through common share of the Company and 1 common share
purchase warrant, each warrant being exercisable at $0.56 per common share for a period of 12 months,
subject to the right of the Company to accelerate the exercise period if, after the 4 month hold period has
expired, the closing price of the common shares is at or above $1.12 for a period of 10 consecutive trading
days. Proceeds will be used for mineral exploration work.

Subject to Exchange approval the Company will pay finders' fees in the aggregate of $6,007.19 and issue
21,454 broker warrants, such broker warrants being exercisable at $0.56 for 12 months.

All securities issued pursuant to this financing will be subject to a 4 month hold period.

For more information please contact:

Juggernaut Exploration Ltd.
Mr. Dan Stuart
President and Chief Executive Officer
Tel: (604) 559-8028
dan@juggernautexploration.com
www.juggernautexploration.com
@JuggernautExp

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY
OR ACCURACY OF THIS RELEASE.