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JUGR.V ·

Juggernaut Announces Share Consolidation Effective Date

Corporate Actions

JUGGERNAUT ANNOUNCES SHARE CONSOLIDATION EFFECTIVE DATE

Vancouver, British Columbia – March 10, 2025 – Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE:

4JE) (the “Company” or “Juggernaut”) announces that effective Thursday March 13 , 2025, the common

shares of Juggernaut Exploration Ltd. will commence trading on the TSX Venture Exchange on a consolidated

basis of 1 post-consolidation share for every 10 pre-consolidation shares.

As stated in the Company’s February 24, 2025, news release, the board of directors believes that the

Consolidation is necessary to better position the Company for future corporate development opportunities

and financing transactions. There will be no name change in conjunction with the consolidation.

The Company currently has 143,551,653 shares currently issued and outstanding. Following the

Consolidation the Company will have approximately 14,355,165 common shares issued and outstanding and

will continue to trade under the existing stock symbol “JURG.V”.

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 r esult of the Consolidation. Until surrendered, each

certificate representing common shares prior to the Consolidation will be deemed for all purposes to

represent the number of common shares to which the holder is entitled as a result of the Consolidation.

The exercise or conversion price and the number of common shares issuable under any of the Company’s

outstanding warrants and stock options will be proportionately adjusted to reflect the Consolidation in

accordance with their respective terms. No fractional common shares will be issued pursuant to the

Consolidation, and any fractional common shares that would otherwise be issued will be up to the nearest

whole number and no cash consideration will be paid in respect of fractional shares.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden

Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical

safe jurisdictions amenable to mining in Canada. Juggernaut is a member and active supporter of CASERM,

an organization representing a collaborative venture between the Colorado School of Mines and Virginia

Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For more information, please contact:

Dan Stuart

President, Director, and Chief Executive Officer

604-559-8028

[email protected]

www.juggernautexploration.com

FORWARD LOOKING STATEMENT

Certain disclosure in this release may constitute forward -looking statements that are subject to numerous

risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially

from those expressed or implied by thos e forward-looking statements, including its ability to complete the

contemplated private placement. Readers are cautioned not to place undue reliance on these statements.

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S.

NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO

PURCHASE ANY SECURITIES DESCRIBED IN IT.