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RJX.A.V ·

RJK Explorations Ltd. Announces Share Issuance to Globex Mining Enterprises Inc.

Share Capital & Compensation

P.O. Box 546, 4 Al Wende Avenue, Kirkland Lake, ON P2N 3J5 Tel: (705) 567-5351 Fax: (705) 567-5557

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

RJK Explorations Ltd. Announces Share Issuance to Globex Mining Enterprises Inc.

TORONTO, ONTARIO—(May 01, 2017) – RJK Explorations Ltd. (TSX VENTURE: RJX.A)

("RJK") announces that it has agreed to issue 100,000 Class A subordinate voting shares in t he capital of

RJK to Globex Mining Enterprises Inc. ("Globex") as consideration for a two-month extension of the annual

payment due to Globex on May 16, 2017 pursuant to an Option Agreement entered into between RJK and

Globex on May 16, 2016 in respect of the Maude Lake gold deposit property. The issuance is subject to

TSX Venture Exchange approval.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibil ity for the adequacy or accuracy of

this release.

For further information, please contact:

Glenn Kasner, President

Telephone: (705) 567-5351

Mobile: (705) 568-7567

[email protected]