RJK Explorations Ltd. Launches $100,000 Private Placement

RJK Explorations Ltd., based in Kirkland Lake, announces a non-brokered private placement aiming to raise up to $100,000. This offering comprises units priced at $0.03 each, consisting of one common share and one warrant. Each warrant allows the holder to purchase an additional share at $0.05, valid for five years. The proceeds will support working capital and exploration projects.

The offering awaits TSX Venture Exchange approval and might close in stages without a minimum proceeds requirement. Securities issued will undergo a mandatory hold period of four months and one day.

Insiders might partake, constituting a related party transaction under Canadian regulations. Exemptions will be applied due to minimal insider participation impact on market capitalization.