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AJN Announces Closing of Private Placement

Financings

AJN Resources Inc. Closes Private Placement Financing

Vancouver, BC, June 30, 2022: AJN Resources Inc. (CSE: AJN) (Frankfurt : 5AT) (“AJN”) is pleased

to announce that it has closed its non-brokered private placement of units announced on June

7, 2022. The Company issued 312,500 of its units at a price of $0.40 per unit for gross proceeds

of $125,000. Each unit is comprised of one common share and one share purchase warrant

with each warrant exercisable at $0.50 per share on or before June 23, 2023. The securities

issued pursuant to the private placement and any shares to be issued on the exercise of

warrants are restricted from trading until October 23, 2022. The proceeds of the financing will

be used for general working capital.

About AJN Resources Inc.

AJN is a junior exploration company. AJN’s management and directors possess over 75 years of

collective industry experience and have been very successful from exploration, to financing, to

developing major mines throughout the world with a focus on Africa and especially the

Democratic Republic of The Congo DRC.

For further information, please contact Investor Relations:

Sheena Eckhof

Director, Investor Relations

[email protected]

Visit us at www.ajnresources.com

Tel: +44 7496 291547

On Behalf of the Board of Directors

Klaus Eckhof

CEO and President

[email protected]

Cautionary Note Regarding Forward-Looking Statements

The information in this news release may include certain information and statements about

management’s view of future events, expectations, plans and prospects that may constitute

forward-looking statements. Forward-looking statements are based upon assumptions that are

subject to significant risks and uncertainties. Because of these risks and uncertainties and as a

result of a variety of factors, the actual results, expectations, achievements or performance

may differ materially from those anticipated and indicated by these forward-looking

statements. Although AJN Resources Inc. believes that the expectations reflected in forward-

looking statements are reasonable, it can give no assurances that the expectations of any

forward-looking statements will prove to be correct. Except as required by law, AJN Resources

Inc. disclaims any intention and assumes no obligation to update or revise any forward-looking

statements to reflect actual results, whether as a result of new information, future events,

changes in assumptions, changes in factors affecting such forward looking statements or

otherwise.