Juggernaut Grants Stock Options to Directors and Officers

Vancouver, British Columbia – January 10, 2020 – Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) announces that, after receiving shareholder approval at its annual meeting held December 20, 2019 and subject to all regulatory approvals, it has granted 1,000,000 incentive stock options to certain officers and directors of the company. All options issued pursuant to this grant shall vest immediately, have a term of 5 years, and be exercisable at $0.22.

For more information please contact:

Juggernaut Exploration Ltd.

Mr. Dan Stuart

President and Chief Executive Officer Tel: (604) 559-8028 [email protected] www.juggernautexploration.com

NEITHER 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.