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RJK Private Placement

Toronto, Ontario – (March 31, 2017) – RJK Explorations Ltd. (“RJK” or the “Company”) (TSXV: RJX.A)  RJK wishes to advise, further to the news release dated March 17, 2017,  it has received an extension from the TSXV with respect to the duration of  its previously announced private placement. The outside date upon which final acceptance of the private placement will be granted by the TSXV is May 3, 2017.”  

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RJK Explorations Ltd. Announces Proposed Private Placement

TORONTO, ONTARIO — (March 17, 2017) – RJK Explorations Ltd. (TSX VENTURE: RJX.A) (“RJK“) announces that it will undertake a non-brokered private placement of units raising up to a maximum offering amount of $360,000 (the “Offering“). Under the terms of the Offering, RJK may sell up to 2,000,000 units (the “Units“) at a price of $0.18 per Unit, each Unit comprised of one Class A Subordinate Voting Share (“Class A Shares“) of the Corporation and one-half of one Class A Share purchase warrant (“Warrant“), each whole Warrant entitling the holder to purchase an additional Class A Share (“Warrant Share”) for up to one year following its date of issue at a price of $0.35 per Warrant Share. The Units comprised of Class A Shares and half Warrants may be issued on a “flow-through” basis or non-“flow-through” basis, at the investor’s discretion. It is anticipated that the pricing will be the same in either case. Read more