Mr. Dan Stuart reports

JUGGERNAUT CANCELS PREVIOUSLY ANNOUNCED FINANCING IN LIGHT OF RECENT DEVELOPMENTS

In light of recent developments in the surrounding areas where Juggernaut Exploration Ltd. has been exploring, management feels it is not appropriate at the present time to proceed with the previously announced financing of Aug. 11, 2023, and, therefore, is cancelling it.

Dan Stuart, director, president and chief executive officer of Juggernaut, stated: "We are very excited by our three fully funded drill programs unfolding simultaneously on Midas, Empire and Bingo that's hosted in the same geologic units as Goliath Resources' Sure Bet discovery next door that is rapidly evolving into what looks like a new, high-grade, district discovery. With much anticipation, we look forward to executing the inaugural drill and exploration programs and reporting results."

About Juggernaut Exploration Ltd.

Juggernaut Exploration is a precious metals and critical elements project generator in the geopolitically stable jurisdiction of Canada, focused on the prolific geologic setting of northwestern British Columbia encompassing the Golden Triangle.

We seek Safe Harbor.