Juggernaut Exploration Seeks Final Approval for $1.1 Million Private Placement

Vancouver, British Columbia — June 16, 2025 — NewsWall — Juggernaut Exploration Ltd. is seeking final approval from the TSX Venture Exchange to close its private placement financing for gross proceeds of $1,100,000, according to a recent announcement from the company. The financing involves the issuance of 1,718,731 units at $0.64 each, with each unit comprising one common share and one common share purchase warrant. Each warrant is exercisable at $0.84 for five years, subject to acceleration if the company's shares close at or above $1.84 for 10 consecutive trading days after the four-month hold period expires.

The proceeds from the financing will be allocated to exploring Juggernaut's properties in Northwestern B.C. and for general working capital. Additionally, upon Exchange approval, cash finders’ fees of $65,999 will be paid, and 103,124 non-transferable broker warrants will be issued in accordance with TSXV policies. All securities issued are subject to a four-month-plus-one-day hold from the date of issuance.

Juggernaut Exploration has also granted 1,400,000 stock options to its officers and consultants, exercisable at $0.78 per share for a ten-year period. Vesting terms vary, with some options fully vested and others vesting over time.

Juggernaut Exploration Ltd. is involved in the exploration and generation of precious metals projects in the Golden Triangle of northwestern British Columbia. The company's projects are situated in geological settings and geopolitical jurisdictions suitable for Tier 1 mining in Canada. Juggernaut actively supports CASERM and counts Crescat Capital as a key strategic shareholder.

Dan Stuart, President, Director, and Chief Executive Officer, can be contacted at 604-559-8028 or info@juggernautexploration.com.

Source: Juggernaut Exploration Ltd.