Rjk Announces Approval of Warrant Amendments

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

RJK ANNOUNCES APPROVAL OF WARRANT AMENDMENTS

Kirkland Lake, Ontario –May 14, 2025 – RJK Explorations Ltd. (“RJK” or “the Compa ny”)

(TSXV: RJX.A ) announces that the TSX Venture Exchange (the “ Exchange”) has approved

amendments (the “Amendments”) to 8,057,363 outstanding common share purchase warrants

(the “ Warrants”) of the Company , as previously announced in the Company’s 13 May 2025

news release.

The Warrants were originally issued pursuant to the Company’s non-brokered private placement

that closed in two tranches on May 20, 2022 and June 15, 2022. Pursuant to the Amendments,

the new expiry date for all of the 8,057,363 Warrants shall be May 20, 2027.

2,947,099 of the Warrants will also have their exercise price reduced from $0.25 to $0.12. As

previously disclosed, 5,916,000 Warrants (the “Insider Warrants”) are held by an insider of the

Company, and pursuant to TSX Venture Exchange policy, only 805,736 of the Insider Warrants

are eligible for exercise price amendment , and the remainder will retain their original exercise

price.

Contact Information

Glenn Kasner, CEO

Mobile: (705) 568-7567

Email: [email protected]

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. 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 could cause actual results, performance, or

achievements to differ materially from those expressed o r implied in this news release. RJK

assumes no obligation to update the forward -looking statements or to update the reasons why

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actual results could differ from those reflected in the forward -looking statements except as

required by applicable law.