Business
AJN Resources Announces Private Placement Offering and Resignation of Director
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2022) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) ("AJN" or the "Company") is pleased to announce a non-br
About this update from Drc Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 11, 2022) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (\"AJN\" or the \"Company\") is pleased to announce a non-brokered private placement offering of up to 2,500,000 units (each, a \"Unit\") at a price of $0.40 per Unit, for gross proceeds of up to $1,000,000 (the \"Offering\"). Each Unit will consist of one common share and one share purchase warrant (\"Warrant\"), where each Warrant will entitle the holder to purchase one additional common share (\"Warrant Share\") at an exercise price of $0.50 per Warrant Share for a one year period. AJN intends to use the net proceeds from the Offering for general corporate and working capital purposes. The securities issued and issuable pursuant to the Offering will be subject to a four month and one day statutory hold period. Notice of resignation of Director The Company advises that Mr Nigel Ferguson resigned as a director of the Company on May 8, 2022. The Board wishes to thank Mr Ferguson for his service to the Company. About AJN Resources Inc. AJN is a junior exploration company. AJN's management and directors possess over 75 years of collective industry experience and have been very successful in the areas of exploration, financing and developing major mines throughout the world, with a focus on Africa, especially the Democratic Republic of the Congo. For further information, please contact Investor Relations: Sheena EckhofDirector, Investor [email protected] Visit us at www.ajnresources.com Tel: +44 7496 291547 On Behalf of the Board of DirectorsKlaus EckhofCEO and [email protected] Cautionary Note Regarding Forward-Looking Statements The information in this news release may include certain information and statements about management's view of future events, expectations, plans and prospects that may constitute forward-looking statements. Forward-looking statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although AJN Resources Inc. believes that the expectations reflected in forward-looking statements are reasonable,...