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RJK Explorations Receives $1,612,000 from Warrant Exercise

by Insidexploration
April 13, 2023
in RJX, RJX News
0
RJK Explorations Receives $1,612,000 from Warrant Exercise

Kirkland Lake, Ontario – January 4, 2021 – RJK Explorations Ltd. (TSXV: RJX.A) (OTC: RJKAF) (“RJK” or “the Company”) is pleased to announce that warrants attached to the December 23rd and 31st, 2019 financing’s have been exercised with a cumulative value of $1,612,000.

Glenn Kasner, President and CEO of the Company, stated, “We’ve experienced tremendous support from our shareholders throughout a very difficult 2020. In only twelve months and with substantial downtime due to COVID-19 rules, RJK has discovered five large kimberlite bodies. Proceeds from these warrants will be used to test for diamonds within the existing discoveries, and to drill test additional targets in the Cobalt mining camp.”

Contact Information
Glenn Kasner, President
Mobile: (705) 568-7567
Email: info@rjkexplorations.com

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 settlement of outstanding debt. 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 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 debt settlement. 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.

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The content published on Insidexploration.com is based on current events, historical data, company news releases, sedar filings, technical reports and information provided by the companies we work with. These publications may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.   The publications on Insidexploration.com are for informational and entertainment purposes only and are not a recommendation to buy or sell any security. Always do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Please be sure to read company profiles on www.SEDAR.com for important risk disclosures. 

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