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AJN Announces Private Placement Offering

Financings

AJN Resources Inc.

+44 7496 291 547

CSE: AJN, Frankfurt: 5AT

[email protected]

Suite 1400 - 1199 West Hastings St,

Vancouver BC V6E 3T5

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ajnresources.com

CSE: NEWS RELEASE 23/05/25

AJN Resources Inc. Announces Private Placement Offering

Vancouver, BC, May 23, 2025: AJN Resources Inc. (CSE: AJN) (Frankfurt: 5AT) (“ AJN” or the

“Company”) is pleased to announce a non-brokered private placement offering of units (each, a

Unit) in the capital of the Company at a price of $0.12 per Unit, for gross proceeds of up to $500,000

(the Offering). Each Unit will consist of one common share and one share purchase warrant

(Warrant), where each Warrant will entitle the holder to purchase one additional common share

(Warrant Share) at an exercise price of $0.15 per Warrant Share for a four year period.

AJN intends to use the net proceeds from the Offering for due diligence in connection with possible

property acquisitions, exploration on the Company’s properties and for working capital purposes. A

finder’s fee may be payable with respect to a portion of the Offering. The securities issuable pursuant

to the Offering will be subject to a four month and one day statutory hold period. The issuance of

the Units will not result in a change of control or materially affect control of the Company.

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 in the areas of exploration, financing

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

Republic of the Congo.

For further information, please contact Investor Relations:

Sheena Eckhof

Director, Investor Relations

[email protected]

Visit us at www.ajnresources.com

Te l : + 4 4 7 4 9 6 2 9 1 5 4 7

On Behalf of the Board of Directors

Klaus Eckhof

CEO and President

[email protected]

Cau3onary 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.

AJN News Release

23/05/25

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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.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in

the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy

of this release.

Not for distribution to United States newswire services or for dissemination in the United States.