Mr. Glenn Kasner reports

RJK TO EXTEND WARRANT TERMS

RJK Explorations Ltd. intends to extend the term of a total of 2,933,333 outstanding common share purchase warrants previously issued pursuant to the company's non-brokered private placement that closed July 7, 2020.

Pursuant to the private placement, the company issued a total of 3.6 million warrants exercisable at a price of 25 cents to purchase one common share in the capital of the company for a period of one year. The terms of the original warrants were amended to increase their term to July 7, 2023. From the original warrants, 666,667 warrants were exercised leaving a total of 2,933,333 outstanding warrants. The company wishes to amend the 2,933,333 outstanding warrants to extend their term to July 7, 2025. The exercise price of the warrants will remain unchanged. The warrant amendment remains subject to approval of the TSX Venture Exchange.

We seek Safe Harbor.