RJX.A.V · 2021-11-25 12:00:00

Rjk Announces Amendment to Kon Option Agreement

Mergers & Acquisitions Property Options & Staking Share Capital & Compensation

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

RJK ANNOUNCES AMENDMENT TO KON OPTION AGREEMENT

Kirkland Lake, Ontario – November 25, 2021 – RJK Explorations Ltd. (“RJK” or “the Company”) (TSXV: RJX.A, US

OTC: RJKAF) announces that the Company has amended the terms of the option agreement with prospector Alan

Kon, initially entered into in November 2019 (see the Company’s news release dated November 11, 2019).

The option agreement was amended to defer certain cash payments and increase the cash amount payable pursuant

to the option by $10,000, and to issue an additional 75,000 Class A Common Shares (the " Amended Payment

Terms") as consideration for amending the option agreement. No other terms of the option agreement were

amended. The share issuance is subject to obtaining approval of the TSXV Venture Exchange.

Contact Information

Glenn Kasner, President

Mobile: (705) 568-7567

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

Company Information: Tel: (705) 568-7445

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 Information

This news release includes certain forward-looking statements, which may include, but are not limited to, statements

concerning the TSX Venture Exchange acceptance of the warrant extension . Any statements contained herein that

are not statements of historical facts may be deemed to be forward-looking, including those identified by the

expressions "will", "anticipate", "believe", "plan", "estimate", "expect", "intend", "propose" and similar expressions.

Forward-looking statements involve known and unknown risks and uncertainties that cou ld cause actual results,

performance, or achievements to differ materially from those expressed or implied in this news release. Factors that

could cause actual results to differ materially from those anticipated in this news release include, but are not limited

to, the Company not receiving TSX Venture Exchange acceptance of the proposed warrant extension. RJK assumes

no obligation to update the forward -looking statements or to update the reasons why actual results could differ

from those reflected in the forward-looking statements except as required by applicable law.