“Searching for the Source of the 800 Carat Nipissing Diamond” RJK EXPLORATIONS LTD. ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT
P.O. Box 1053, 4 Al Wende Avenue, Kirkland Lake, ON P2N 3L1 Tel: (705) 568-7567
“Searching for the Source of the 800 Carat Nipissing Diamond”
RJK EXPLORATIONS LTD. ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED
STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Kirkland Lake, Ontario (August 12, 2026) – RJK Exploration s Ltd. (TSXV: RJX.A) (the “Company”) is pleased to
announce that it has upsized its previously announced non-brokered private placement from gross proceeds of up to
$100,000 to gross proceeds of up to $150,000 (the “Offering”). The Offering will consist of the sale of units (the “Units”)
of the Company at a price of $0.03 per Unit. Each Unit consists of one common share of the Company (a “Common
Share”) and one Common Share purchase warrant ( “Warrant”). Each Warrant entitles the holder to purchase one
Common Share at a price of $0.05 for a period of five years from the date of issuance. The Company intends to use the
gross proceeds for working capital and general corporate purposes and to fund its expl oration program on its
exploration properties.
The Offering is subject to customary closing conditions including, but not limited to, receipt of approval of the TSX
Venture Exchange. The closing of the Offering may occur in one or more tranches and is not subject to receipt of a
minimum amount of gross proceeds. The securities issued pursuant to the Offering will be subject to a four-month and
one day hold period in accordance with applicable Canadian securities laws and TSXV policies.
Certain insiders of the Company may participate in the Offering. Any participation by insiders in the Offering will
constitute a “ related party transaction ” as defined under Multilateral Instrument 61 -101 – Protection of Minority
Security Holders in Special Transactions ( “MI 61-101”). The Company intends to rely on exemptions from the formal
valuation and minority approval requirements of sections 5.5(a) and 5.7(1)(a) of MI 61 -101 in respect of such insider
participation, based on a determination that the fair market value of the participation in the Offering by insiders will
not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of
the securities in any State in which such offer, solicitation or sale would be unlawful.
Contact Information
Contact Information
Glenn Kasner, CEO
Mobile: (705) 568-7567
Email: [email protected]
Web Site: https://www.rjkexplorations.com
Company Information: Tel: (705) 568-7567
“Searching for the Source of the 800 Carat Nipissing Diamond”
Web Site: http://www.rjkexplorations.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.
Forward Looking Statements
Certain statements herein may contain forward- looking statements and forward- looking information within the
meaning of applicable securities laws. Forward- looking statements or information appear in a number of places and
can be identified by the use of wo rds such as “plans”, “expects” or “does not expect”, “is expected”, “budget”,
“scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes” or variations of
such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will”
be taken, occur or be achieved. Forward- looking statements and information include statements regarding the
proposed use of proceeds and the Company’s exploration plans. With respect to forward- looking statements and
information contained herein, we have made numerous assumptions, including assumptions about our ability to
execute on our intended use of proceeds and the state of the equity markets. Such forward- looking statements and
information are subject to risks, uncertainties and other factors which may cause the Company’s actual results,
performance or achievements, or industry results, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statement or information. Such risks include our ability to
conduct our exploration programs as planned, changes in equity markets, share price volatility, volatility of global and
local economic climate, diamond price volatility, political developments, increases in costs, exchange rate fluctuations,
speculative nature of diamond exploration and other risks involved in the diamond exploration industry. See the
Company’s annual and quarterly financial statements and management’s discussion and analysis for additional
information on risks and uncertainties relating to the forward- looking statement and information. There can be no
assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements or information. Also, many of the
factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking
statements or information. We undertake no obligation to reissue or update any forward- looking statements or
information except as required by law. All forward- looking statements and information herein are qualified by this
cautionary statement.