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RJX.A.V ·

OR Dissemination IN the United States Rjk Completes Private Placement

Financings

P.O. Box 1053, 4 Al Wende Avenue, Kirkland Lake, ON P2N 3L1 Tel: (705) 568 -7956

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

RJK COMPLETES PRIVATE PLACEMENT

Kirkland Lake, Ontario – March 5, 2026 – RJK Explorations Ltd. (“RJK” or “the Company”)

(TSXV: RJX.A) further to its press releases dated January 23 and January 29, 2026 , the

Company has closed its non-brokered private placement offering (the “Offering”) of units ( the

“Units”). Pursuant to th e Offering, the Company raised a total of $ 160,000 for the issuance of

5,200,000 Units of the Company at a price of $0. 025 per Unit and 1,000,000 Units at a price of

$0.03 per Unit.

Each Unit consists of one common share of the Company (each a “ Common Share”) and one

Common Share purchase warrant (each a “ Warrant”). Each Warrant entitles the holder to

purchase one Common Share at a price $0.05 for a period of five years from the date of issuance.

The Company intends to use 80% of the gross proceeds for working capital and general corporate

purposes, and 20% to fun d its exploration program on its exploration properties. All securities

issued pursuant to the Offering are subject to a statutory hold period ending July 6, 2026. The

Offering remains subject to final acceptance by the TSX Venture Exchange.

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 sha ll 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

Glenn Kasner, CEO

Mobile: (705)568-7567

Email: [email protected]

Web Site: https://www.rjkexplorations.com

Company Information: Tel: (705) 568-7567

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 words 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 Offering generally, the proceeds that may be raised in connection with

the Offering, 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 the receipt of final acceptance by the TSX Venture

Exchange 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 the ability of the Company to meet the conditions of closing, our

ability to conduct our exploration programs as planned, changes in equity ma rkets, 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 diam ond 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 fo rward-looking

statements and information herein are qualified by this cautionary statement.