Juggernaut Closes $1,100,000 from Institutions and Accredited Investors
(TheNewswire)
Vancouver, British Columbia – July 8,
2025 – TheNewswire -
Juggernaut Exploration Ltd.
(TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or
“Juggernaut”), further to its June 4, June 12, and June 16, 2025, news releases, the
Company is pleased to announce that it has closed its private
placement financing (the “Financing”) for aggregate gross proceeds
of $1,100,000.
The Company issued 1,718,731 $0.64 units (“Units”),
each Unit consisting of one (1) common share of the Company and one
(1) 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.
Cash finders’ fees of $65,999 were paid and 103,124
non-transferable broker warrants issued in accordance with TSXV
Polices.
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.
For more information, please
contact
Juggernaut Exploration Ltd.
Dan Stuart
President, Director, and Chief Executive Officer
604-559-8028
info@juggernautexploration.com
www.juggernautexploration.com
NEITHER THE TSX VENTURE EXCHANGE NORITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THEPOLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THEADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING STATEMENT
Certain disclosures in this release may constituteforward-looking statements that are subject to numerous risks anduncertainties relating to Juggernaut’s operations that may causefuture results to differ materially from those expressed or implied bythose forward-looking statements. Readers are cautioned not to placeundue reliance on these statements. NOT FOR DISSEMINATION IN THEUNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRESERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL ORAN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
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