Vancouver, British Columbia – May 15, 2025 Juggernaut Exploration Ltd. (TSX -V: Jugr) (OTCQB: JUGRF) (FSE: 4JE) (“Company” or “Juggernaut”), plus non-brokerage funds of up to $10,329,735 on April 14 and April 23, April 23, April 25, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23, April 23. Juggernaut welcomes this strategic investment from Crescat Capital Funds LLC (“Crescat”) and technical support from Dr Quinton Hennigh. Check the quality of the newly discovered 11 km highway surrounding the Big One Property El Dorado Porphyry system. The discovery is in the Glacier and Snow Reduction area next to the gold-rich porphyry system in Garo Creek, Newmont Mining. The Big One property is a previously announced discovery announced on January 20th (click on the link), extending up to 200 gold silver copper rich polymetal veins from up to 79.01 GT gold (2.54 OZT gold) and 3157.89 GT silver (101.5 OZT silver) to 8 m wide, stretching with open strikes up to 500 m. The Big One project covers 33,693 hectares of world-class geological terrain, offering the potential for extraordinary discoveries at the heart of the Golden Triangle, British Columbia.
Dr. Quinton Hennigh took on the role of the company’s special technology advisor. He is a technology consultant for all gold and silver mining investments at Crescat. Dr. Hennigh is a world-renowned exploration geologist with over 40 years of experience with leading gold mining companies, Homestake Mining, NewCrest Mining, Newmont Mining and Kirkland Lake/Fosterville. Over the past five years, Dr. Hennigh has contributed to several material discoveries, including Goliath/Surebet, NewFound/Queensway, SCM/Isidorito, Eloro/Iska Iska, Snowline/Valley, Sitka/RC Gold Project, and Tectonic/Flat.
Dr. Hennay said , “The Big One Gold-Silver project has a very similar feeling to Goliath’s SureBet Gold Discovery. Previously, reconnaissance investigations and sampling conducted by the Juggernaut expedition team have identified numerous thickness sulfide veins. Magmatism, an association seen at SureBet, has a clear power of attorney to follow up these results and channel sampling, as Goliath did early in SureBet’s discovery.
Watch the Juggernaut Video Click here .
Charity flow throw funds will be closed in two tranches consisting of 9,308,770 units of Tranche 1. It consists of 2,000,000 units of Tranche 2 for $1,650,000, and is equivalent to 11,308,770 charity flow-through units (“CFT Units”). Total of $9,329,735. Each CFT unit consists of one charity flow-through share and one warrant, with forced accelerated conversion after 10 consecutive days of $1.50 or more, and purchase one non-flow-through common stock for 60 months and one non-flow-through common stock for $0.75.
Juggernaut is simultaneously raising up to 2,000,000 hard dollar units at $0.50 each with a total revenue of up to $1,000,000. Each hard dollar unit consists of one common stock and one warrant. For 60 months, a forced accelerated conversion was performed after 10 consecutive days of more than $1.50, over $0.75, and was called at the discretion of management, completing charitable flow-through and hard dollar finance with a total of $10,329,735. Tranche One is scheduled to close on May 16th, 2025. The proceeds will be used for general working capital by exploring the properties of Juggernaut in northwest BC.
Discoverer fees may be paid in accordance with the TSXV policy. All securities issued during the initial tranche closing are subject to one-day holds of at least four months, which expires on September 17, 2025.
“Gold Exploration is all about swinging fences. It’s important to be patient with a diverse portfolio of good management and technical teams with bold targets. As for Juggernauts, there’s the same geological team behind Goliath Resources, and it’s the same as the Surebet Gold discovery. We’ll support them with capital for another at-bat.” – Kevin Smith, founder and CEO of CFA, Crescat Capital .
Our directors and officers may acquire securities based on their placement. This participation is a “related party transaction” as defined by Multilateral Instrument 61-101 (“MI 61-101”). Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.
“We are pleased to announce that we are committed to providing a range of services and services to providing services that are important to us,” said Dan Stuart, director, president and CEO of Juggernaut.
“We’re happy To strengthen the relationship between Cresat Capital as a strategic investor and Dr. Hennay as a special technical advisor and investor. I look forward to working with partners who bring in both financial and technical strength track record. This allows Juggernaut to unlock the maximum potential of its assets in the long term to all shareholders. This investment and strategic partnership, coupled with continued support and interest from other globally recognized institutions and senior miners, is a strong support that clearly demonstrates the potential for significant short-term discovery of 100% managed properties. After funding, Juggernaut has a very strict capital structure of just 27,663,935 shares, no debt, and a strong cash position of ~10,500,000. So we are good at moving forward with plans to excavate big discoveries. With much hope, I look forward to running my first exploration program and reporting the results. ”
The company can pay the discoverer’s fees of gross income from funding, as well as compensation options for the units on sale. This non-intermediated private placement is subject to approval from the TSX Venture Exchange. All shares issued pursuant to this offer and shares issued pursuant to the exercise of warrants are subject to a hold period of four months from the deadline.
About Crescat Capital LLC
Crescat is a global macro asset management company headquartered in Denver, Colorado. Crescat’s mission is to grow and protect wealth in the long term by developing tactical investment themes Unique value-driven equity and macro models. Crescat’s goal is industry-leading absolute and risk-adjusted returns across a complete business cycle that is less correlated with typical benchmarks. Over the past few years, Crescat has built activist interests in a portfolio of precious metal explorers, representing one of its main macro themes. The company’s investment process includes a combination of asset classes and strategies to support each client’s unique needs and objectives, including global macros, long/short, large caps and precious metal funds.
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator for precious metals projects in the prolific golden triangles of northwest British Columbia. The project is located in Canada’s world-class geological environment and geopolitical safe jurisdictions suitable for tier 1 mining. Juggernaut is a member and active supporter of Caserm, an organization representing a joint venture between the Colorado Mining School and Virginia Tech. Juggernaut’s major strategic cornerstone shareholder is Crescat Capital.
For more information, please contact us
Juggernaut Exploration Ltd.
Dan Stuart
President, Director, Chief Executive Officer
604-559-8028
info@juggernautexploration.com
www.juggernautexploration.com
Qualified person
Reina Turna P. Geo is an independent and qualified person as defined in National Instrument 43-101 for the Juggernaut Exploration project and has oversaw, reviewed and approved the preparation of the technical information for this release.
The grab samples are selected and may not represent true underlying mineralization.
TSX Venture Exchange also does not accept responsibility for the validity or accuracy of this release, as it is defined in the TSX Venture Exchange policy.
A positive statement
The specific disclosures in this release may constitute forward-looking statements subject to many risks and uncertainties relating to the operation of Juggernauts that may cause future results to be materially differentiated. Readers are warned not to overrely rely on these statements.
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