Juggernaut Announces Share Consolidation

JUGGERNAUT ANNOUNCES SHARE CONSOLIDATION

Vancouver, British Columbia – February 24th, 2025 – Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB:

JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) announces its intention to consolidate its common

shares (“Shares”) on a 10-old-for-1-new share basis (the “Consolidation”).

The 143,551,653 Shares currently issued and outstanding will be reduced to approximately 14,355,165 post-

consolidation Shares. No fractional shares will be issued under the Consolidation. Each fractional share

following the Consolidation that is less than one -half of a share will be canceled, and each fractional share

that is at least one-half of a share will be rounded up to the nearest whole share. As applicable, the exercise

or conversion price and the number of shares issuable under any of the Company’s outstanding stock

options and convertible instruments will be proportionately adjusted upon completion of the Consolidation.

A letter of transmittal will be sent to registered shareholders providing instructions to surrender the

certificates evidencing their Shares for replacement certificates representing the number of post -

consolidation Shares to which they are entitled as a result of the Consolidation. Until surrendered, each

certificate representing Shares prior to the Consolidation will be deemed for all purpos es to represent the

number of Shares to which the holder thereof is entitled as a result of the Consolidation.

The Company's Board of Directors believes that the Consolidation is necessary to better position the

Company for future corporate development opportunities and financing transactions.

The Consolidation is subject to the acceptance of the TSX Venture Exchange (the “Exchange”), and the pre-

consolidated Shares will continue to be traded on the Exchange under the current trading symbol “JUGR.”

Upon acceptance by the exchange, the Company’s trading symbol will remain the same, but the CUSIP and

ISIN numbers will change upon the completion of the Consolidation.

For more information, please contact:

Juggernaut Exploration Ltd.

Mr. Dan Stuart

President and Chief Executive Officer

Tel: (604) 559-8028

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.