RJK Completes Private Placement

About this update from Rjk Explorations Ltd. Class A

RJK Completes Private PlacementKirkland Lake, Ontario--(Newsfile Corp. - March 5, 2026) - RJK Explorations Ltd. (TSXV: RJX.A) ("RJK" or "the Company") further to its press releases dated January 23 and January 29, 2026, the Company has closed its non-brokered private placement offering (the "Offering") of units (the "Units"). Pursuant to the Offering, the Company raised a total of $160,000 for the issuance of 5,200,000 Units of the Company at a price of $0.025 per Unit and 1,000,000 Units at a price of $0.03 per Unit.Each Unit consists of one common share of the Company (each a "Common Share") and one Common Share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price $0.05 for a period of five years from the date of issuance. The Company intends to use 80% of the gross proceeds for working capital and general corporate purposes, and 20% to fund its exploration program on its exploration properties. All securities issued pursuant to the Offering are subject to a statutory hold period ending July 6, 2026. The Offering remains subject to final acceptance by the TSX Venture Exchange.The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.Contact Information Glenn Kasner, CEO Mobile: (705)568-7567 Email: [email protected] Web Site: https://www.rjkexplorations.com Company Information: Tel: (705) 568-7567Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements Certain statements herein may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements or information appear in a number of places and can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts",...

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