Business
Juggernaut Announces Investment by Strategic Institutions and HNWI
(TheNewswire) Vancouver, British Columbia - TheNewswire - August 11th 2023 ...
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":"Juggernaut Announces Investment by Strategic Institutions and HNWI\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 Vancouver, British Columbia -\n \n \n TheNewswire -\n \n \n August 11th 2023 -\n \n \n Juggernaut Exploration Ltd.\n \n \n (TSX-V:JUGR) (OTC:JUGRF) (FSE:4JE) (the\n“Company” or “Juggernaut”)\n \n \n is pleased to\nannounce it has filed documents seeking conditional approval of a\nnon-brokered hard dollar private placement of up to $1.0 million\ndollars.\n \n \n Juggernaut’s projects continue to\ngarner strong\n \n \n interest and support from leading\ninstitutions, high net-worth individuals and miners alike, confirming\nthe quality of its three fully permitted, 100% controlled projects\nlocated in world class geologic terrane of Northwestern British\nColumbia and the Golden Triangle.\n \n \n \n \n View Juggernaut\nvideos by\n \n \n \n \n Clicking\nHere\n \n \n \n \n .\n \n \n \n \n The hard dollar financing will consist of up to\n8,000,000 units (“Units”), priced at $0.125 each for gross\nproceeds of up to $1,000,000. Each Unit will consist of one common\nshare plus one share purchase warrant (“Warrant”) with each\nWarrant exercisable to purchase one common share of the Company at\n$0.20 for a twenty-four month period from the date of issuance.  If\nat any time after the date of issuance, the Company’s common shares\nhave a closing price equal to or higher than $1.00 per share for ten\n(10) consecutive trading days on the TSXV Exchange (“Exchange”),\nthe Company shall thereafter be entitled to give notice to the holders\nof the Warrants by news release that such Warrants will expire at 4:30\nP.M. (Toronto time) on that date which is 30 days after the date of\nsuch news release unless exercised before the expiry of that\nperiod.\n \n \n \n \n Directors and officers of the company may acquire\nsecurities under the private placement, which participation would be\nconsidered to be a “related party transaction” as defined under\nMultilateral Instrument 61-101 (“MI 61-101”). Such participation\nis expected to be exempt from the formal valuation and minority\nshareholder approval req...