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DRC.CN ·

AJN Closes Private Placement

Financings Corporate Updates

AJN Resources Inc.

+44 7496 291 547

CSE: AJN, Frankfurt: 5AT

[email protected]

Suite 1400 - 1199 West Hastings St,

Vancouver BC V6E 3T5

Page 1

ajnresources.com

CSE: NEWS RELEASE

21/01/26

AJN RESOURCES INC. CLOSES PRIVATE PLACEMENT

Vancouver, BC, January 21, 2026: AJN Resources Inc. (CSE: AJN) (Frankfurt: 5AT) (AJN or the

Company) is pleased to announce that, further to the Company’s December 8, 2025, December 11,

2025 and December 22, 2025 news releases, it has closed a non-brokered private placement of units

(each, a Unit) in the capital of the Company at a price of $0.15 per Unit to raise total gross proceeds

of $550,025 via the issuance of a total of 3,666,833 Units. Each Unit is comprised 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 $0.25 per Warrant

Share for a two-year period.

The securities issued pursuant to the private placement are, and any Warrant Shares to be issued on

the exercise of Warrants will be, restricted from trading until May 22, 2026. The net proceeds of the

private placement will be used for technical, legal and financial due diligence on Giro Goldfields SARL

and on the Giro Gold Project; negotiation, preparation and closing of a formal agreement; and

mineral exploration activities on the Giro Gold Project.

Change of Name:

Further to the Company’s December 8, 2025 news release, the Company is proceeding with a change

of name from “AJN Resources Inc.” to “DRC Gold Corp.” effective January 26, 2026. The Company’s

common shares will commence trading on the CSE on January 26, 2026 under the new name and

under the new trading symbol “DRC”.

The Company’s new CUSIP number following the name change will be 23347H106 and its new ISIN

will be CA23347H1064. The share capital of the Company remains unchanged. No action will be

required by existing shareholders with respect to the name change. Certificates representing

common shares of the Company in the current name of the Company will not be affected by the

name change and will not need to be exchanged.

About AJN Resources Inc.

AJN is a junior exploration company. AJN’s management and directors possess over 50 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.

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

AJN News Release

21/01/26

Page 2

On Behalf of the Board of Directors

Klaus Eckhof

CEO and President

[email protected]

Cau$onary 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.

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.