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JUGR.V ·

Juggernaut Grants Share Purchase Options

Share Capital & Compensation

JUGGERNAUT GRANTS SHARE PURCHASE OPTIONS

Vancouver, British Columbia – June 15, 2023 – Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE)

(the “Company”) announces that subject to regulatory approval and pursuant to its stock option plan, it has

granted 3,331,000 share pur chase options in aggregate to officers/directors of the Company and three (3)

consultants for the Company. Each option is exercisable for the purchase of one common share of the Company at

a unit price of $0.16 for a five year period.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is a precious metals project generator in the geopolitically stable jurisdiction of Canada,

focused on the prolific geologic setting of northwestern British Columbia encompassing the Golden Triangle.

For more information please contact:

Juggernaut Exploration Ltd.

Mr. Dan Stuart

President and Chief Executive Officer

Tel: (604) 559-8028

[email protected]

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.