Mr. Dan Stuart reports

JUGGERNAUT ANNOUNCES FINANCING OF $1,100,000 FROM INSTITUTIONS AND ACCREDITED INVESTORS

Juggernaut Exploration Ltd. has arranged a fully subscribed $1.1-million hard-dollar financing further confirming the quality of the newly discovered 11-kilometre Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining's Galore Creek. The Big One property is a discovery previously announced Jan. 20 with assays up to 79.01 grams per tonne gold (2.54 ounces per tonne gold) and 3,157.89 g/t silver (101.5 oz/t silver) from over 200 gold-silver-copper-rich polymetallic veins up to eight m wide and striking for up to 500 m that all remain open at surface. The Big One project covers 33,693 hectares in a globally ranked Tier 1 jurisdiction with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.

Juggernaut is raising up to 1,718,750 hard-dollar units priced at 64 cents each for gross proceeds of up to $1.1-million. Each hard-dollar unit will consist of one common share plus one warrant at 84 cents for a 60-month period, with a forced accelerated conversion after 10 consecutive trading days at or above $1.84, callable at management's discretion. The fully subscribed placement is scheduled to close on June 13, 2025. The proceeds will be used for general working capital.

Dan Stuart, director, president and chief executive officer of Juggernaut, states:

This investment, coupled with the ongoing support and interest from other globally recognized institutions and senior miners, is a strong endorsement that clearly demonstrates the significant near-term discovery potential of our 100-per-cent-controlled properties. Postfinancing, Juggernaut will have an extremely tight capital structure of just 29,422,689 shares, no debt and a strong cash position of approximately $11-million. As such, we are well positioned to move forward with our plans of drilling the Big One discovery. With much anticipation, we look forward to executing the inaugural exploration program and reporting results."

The company may pay finders' fees of the gross proceeds from the financing in cash and compensation options on units being sold. This non-brokered private placement is subject to TSX Venture Exchange approval. All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.

About Juggernaut Exploration Ltd.

Juggernaut Exploration is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut's key strategic cornerstone shareholder is Crescat Capital.

Qualified person

Rein Turna, PGeo, is the independent qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

Grab samples are selected samples and may not represent true underlying mineralization.

We seek Safe Harbor.