20:17:58 EDT Wed 17 Jun 2026
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RJK Explorations Ltd (2)
Symbol RJX
Shares Issued 103,490,982
Close 2026-06-17 C$ 0.03
Market Cap C$ 3,104,729
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RJK Exploration closes property acquisition from Record

2026-06-17 18:35 ET - News Release

Mr. Glenn Kasner reports

RJK EXPLORATIONS LTD COMPLETES CLAIMS ACQUISITION FROM RECORD RESOURCES INC.

RJK Explorations Ltd. has now acquired six contiguous blocks of staked claims (Lorrain-Bucke townships properties) totalling approximately 2,650 hectares from Record Resources Inc. (please see the company's Jan. 14, 2025, news release of the acquisition).

RJK, will gain a 100-per-cent interest, subject to an underlying 2-per-cent vendors net smelter royalty and gross overriding royalty, to the production of diamonds, precious and base metals.

Record will keep 100 per cent of the rights to any hydrogen or hydrocarbons found by work completed by RJK or its affiliates on the Lorrain-Bucke townships properties. RJK will hold no royalty on hydrogen or hydrocarbon discoveries.

In addition, RJK will grant to Record a 1-per-cent gross overriding royalty interest on the discovery of any diamond-bearing kimberlite pipes with a buyback provision of 0.5 per cent for $500,000.

Following the transaction, RJK is obligated to make one cash payment of $23,000 in February, 2027, with Record being obligated to make the final cash payment of $23,000 in February, 2028, to the initial vendors of the staked claims. RJK and Record can fully exercise this option agreement by paying the vendors the balance of the cash payments in advance.

RJK will apply approximately $52,000 in work commitments on the claims acquired from Record from an assessment surplus RJK has on the Lorraine clam block to keep the claims in good standing.

We seek Safe Harbor.

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