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RJK Explorations Ltd. Enters into Agreement to Sell Blackwater Gold District Properties

Toronto, Ontario – May 16, 2017 – RJK Explorations Ltd. (TSX VENTURE: RJX.A) (“RJK“) announces that it has entered into a Purchase Agreement with New Gold Inc. (TSX:NGD) (NYSE MKT:NGD) (“New Gold“) to sell to New Gold all of RJK’s interest in the BW East Claims, the BW West Claims and the BW South Claims, located in the Blackwater Gold District in British Columbia (the “Properties”), for total cash consideration of C$1.0 million.

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

Toronto, Ontario – (May 8, 2017) RJK Explorations Ltd. (TSX VENTURE: RJX.A) (“RJK“) announces that it has completed the issuance of 100,000 Class A subordinate voting shares in the capital of RJK to Globex Mining Enterprises Inc. (“Globex“). The shares were issued at a deemed price of $0.15 per Class A Share in connection with an extension of a payment due to Globex, as detailed in RJK’s news release dated May 1, 2017.

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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 the 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.

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