“Searching for the Source of the 800 Carat Nipissing Diamond” RJK EXPLORATIONS LTD. ANNOUNCES PRIV ATE PLACEMENT FOR GROSS PROCEEDS UP TO $130,000 THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR
P .O. Box 1053, 4 Al Wende Avenue, Kirkland lake, ON, P2N 3L1
“Searching for the Source of the 800 Carat Nipissing Diamond”
RJK EXPLORATIONS LTD. ANNOUNCES PRIV ATE PLACEMENT FOR GROSS PROCEEDS UP
TO $130,000
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: January 23, 2026 – RJK Explorations Ltd.. (TSXV: RJX.A) (the “Company”)
is pleased to announce a non-brokered private placement for gross proceeds of up to $130,000 (the
“Offering”). The Offering will consist of the sale of units (the “Units”) of the Company at a price of $0.025
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 80% of the
gross proceeds for working capital and general corporate purposes, and 20% to fund its exploration 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 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
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 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 our ability to close
additional tranches of the Offering in a timely manner, if at all, 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 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.