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JUGGERNAUT CLOSES $1,000,000 $0.64 UNIT PRIVATE PLACEMENT FINANCING

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JUGGERNAUT CLOSES $1,000,000 $0.64 UNIT PRIVATE PLACEMENT FINANCING

 

 

 

 

 

Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) further to its July 3, 2025, news release the Company is pleased to announce that it has received approval from the TSX Venture Exchange to close its private placement financing for aggregate gross proceeds of $1,000,000.

The Company has issued 1,562,500 $0.64 units each Unit consisting of one common share of the Company and one common share purchase warrant, each warrant being exercisable at $0.84 for 5 years, subject to the right of the Company to accelerate the exercise period to 30 days if, after the 4-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 B.C. and for general working capital.

All securities issued pursuant to this Financing are subject to a 4-month-plus-one-day hold from date of issuance.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. 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.

Posted July 17, 2025

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