Mr. Dan Stuart reports
JUGGERNAUT CLOSES $1,100,000 FROM INSTITUTIONS AND ACCREDITED INVESTORS
Juggernaut Exploration Ltd., further
to its June 4, 2025, June 12, 2025, and June 16, 2025, news releases, has closed its private placement financing for aggregate gross proceeds of $1.1-million.
The company issued 1,718,731 64-cent units, with each unit consisting of one common share of the company and one common share purchase warrant, with each warrant being exercisable at 84 cents for five years, subject to the right of the company to accelerate the exercise period to 30 days if, after the four-month hold has expired, shares of the company close at or above $1.84 for 10 consecutive trading days.
The proceeds will be used to explore Juggernaut's properties located in northwestern British Columbia and for general working capital.
Cash finders' fees of $65,999 were paid and 103,124 non-transferable broker warrants were issued in accordance with TSX Venture Exchange polices.
All securities issued pursuant to this financing are subject to a four-month-plus-one-day hold from date of issuance.
About Juggernaut Exploration Ltd.
Juggernaut Exploration is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern B.C. 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.
We seek Safe Harbor.
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