Juggernaut Files to Close $3,040,000 Financing With Strategic Investment by Crescat Capital for 19.70% Ownership

May 12, 2023

VANCOUVER, British Columbia, May 12, 2023 (GLOBE NEWSWIRE) — Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB:JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report its previously announced non-brokered private placement financing (the “Financing”) of up to $3 million was met with significant interest from strategic institutions, industry professionals and UHNWI investors resulting in the Financing being over-subscribed. The Financing was capped at $3,040,000 and the Company has filed documents with the TSXV Exchange (“Exchange”) for approval to close the Financing.

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