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Juggernaut Announces Increased Strategic Investment by Crescat Capital for 19.70% Ownership
(TheNewswire) Vancouver, British Columbia – TheNewswire –...
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":"Juggernaut Announces Increased Strategic Investment by Crescat Capital for 19.70% 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 \n \n \n Vancouver, British Columbia –\n \n \n TheNewswire –\n \n \n April 8\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 a\nnon-brokered financing of up to $510,000 dollars. Crescat Capital LLC\n(“Crescat”) has agreed to make a strategic investment representing\na 19.70% ownership of the Company post-funding on a partially diluted\nbasis.\n \n \n Juggernaut welcomes this strategic\ninvestment from Crescat Capital and technical\n \n \n support from Dr Quinton Hennigh. Juggernaut’s High-Grade\nGold and Copper projects continue to garner strong interest and\nsupport from leading institutions and miners alike, confirming the\nquality of its three fully permitted, 100% controlled, drill-ready\nprojects located in the geopolitically stable world-class geologic\nterrane of Northwestern British Columbia and the Golden\nTriangle.\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 up, it is critical that companies\nlike Juggernaut get back to the job of making discovery. I look\nforward to working with the Company’s team as plans are made for\nthis year’s drill campaign at both of these exciting projects.\n\"\n \n \n \n \n View Juggernaut\...