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AGC.CN ·

JDF Announces Closing of Placement

Financings

JDF EXPLORATIONS INC.

JDF Announces Closing of Placement

Press Release VANCOUVER, BRITISH COLUMBIA - (October 25 2019) – JDF

EXPLORATIONS INC. ("JDF" or the "Company") is pleased to announce that it has closed it s non-

brokered private placement and has issued 835,000 units of the Company (the "Units") at a price of $0.30 per

Unit for gross proceeds of $ 250,500. Each Unit consist s of one common share of the Company (each a

"Common Share") and one common share purchase warrant (a "Warrant") entitling the holder to acquire a

Common Share at a price of $0.40 for a period of five years from the date of issuance.

The Commons shares are subject too a four month plus one day hold period, no finder's fees were payable on

the issuance.

The Proceeds of the placement will be used for general working capital, administration, exploration

programs, and investigating new properties for exploration.

ON BEHALF OF THE BOARD OF DIRECTORS

Derick Sinclair, CFO, Director

604.924.8000

Neither Canadian Stock Exchange nor its Regulation Services Provider

accepts responsibility for the adequacy or accuracy of this release.