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Juggernaut Closes $1,100,000 from Institutions and Accredited Investors

by admin July 9, 2025
July 9, 2025

 

(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 NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.  

 

  FORWARD LOOKING STATEMENT  

 

  Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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