Business
Juggernaut Announces Crescat Capital Increased to 19.97 % Ownership
(TheNewswire) - Oversubscribed Financing b y Strategic Investors Increased ...
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":"Juggernaut Announces Crescat Capital Increased to 19.97 % Ownership\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n -\n \n \n \n \n Oversubscribed Financing\n \n \n b\n \n \n y\nStrategic Investors Increased\n \n \n t\n \n \n o $1,000,000\n \n \n \n \n Hard Dollars\n \n \n \n \n \n \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire -\n \n \n April 9\n \n \n th,\n \n \n 2024 – Juggernaut Exploration Ltd.\n(TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or\n“Juggernaut”)\n \n \n is pleased to announce an\nincreased non-brokered financing of up to $1,000,000 dollars due to\nstrong support from long term supporters and strategic investors\nalike. Crescat Capital LLC (“Crescat”) has agreed to increase its\nstrategic investment to 19.97 % ownership of the Company post-funding\non a partially diluted basis from the previously announced news on\nApril 8\n \n \n th.\n \n \n Juggernaut welcomes this increased strategic investment from\nCrescat Capital and technical\n \n \n support from Dr\nQuinton Hennigh. Juggernaut’s High-Grade Gold and Copper projects\ncontinue to garner strong interest and support from leading\ninstitutions and miners alike, confirming the quality of its three\nfully permitted, 100% controlled, drill-ready projects located in the\ngeopolitically stable world-class geologic terrane of Northwestern\nBritish Columbia and the Golden Triangle.\n \n \n \n \n Through his role as technical and geologic director of\nCrescat Capital, Dr. Quinton Hennigh continues to provide technical\nadvice to the Company. Dr. Hennigh is a world-renowned exploration\ngeologist with more than 30 years of experience, including with major\ngold mining firms Homestake Mining, Newcrest Mining, and Newmont\nMining.\n \n \n \n \n \n \n Dr. Hennigh\nstated\n \n \n ,\n \n \n \"Very\npromising results from 2023’s maiden drill program confirmed strong\npotential for “Surebet” style intrusive-related gold-base metal\nlodes at Bingo. In addition, follow up drilling at Midas continues to\ndemonstrate the presence of a large volcanogenic massive sulfide\nsystem in need of further work. With interest in the mining\nexploration space quickly heating u...