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
Kirkland Lake, Ontario – (February 07, 2017) – RJK Explorations Ltd. (“RJK” or the “Company”) (TSXV: RJX.A) announces that the Company has received assays for the first phase of four holes (578 metres), of a 5,000 metre drill program at its 100% owned Maude Lake Gold Property, located on the Pipestone fault within the Timmins – Matheson gold corridor. Read more
Kirkland Lake, Ontario – January 19, 2017 – RJK Explorations Ltd. (“RJK”) (TSXV: RJX.A) is pleased to provide the first update this year as exploration and development work continues at the 100% owned Maude Lake Gold Project, located along the Pipestone Fault just north of Kirkland Lake, Ontario.
Data compilation on the historical deposit has been completed and the modelling done, with drilling to confirm and tighten up the open pit numbers along with drilling to expand the resource both laterally and at depth scheduled to continue during the year as RJK advances this project.
Kirkland Lake, Ontario – (December 20, 2016) – RJK Explorations Ltd. (“RJK” or the “Company”) (TSXV: RJX.A) announces that it has granted 700,000 incentive stock options to certain officers, directors and consultants of the Company The options were granted under the stock option plan that was approved at the last Annual General Meeting held on October 03, 2016 and accepted by the TSX Venture Exchange. The options are exercisable at price of $0.12 per share until December 16, 2021.
Kirkland Lake, Ontario – (November 11, 2016) – RJK Explorations Ltd. (“RJK” or the “Company”) (TSXV: RJX.A) announces that the Company will be starting a drilling program on its 100%-owned Maude Lake Gold Property after extensive data compilation and interpretation has confirmed RJK’s initial impressions of the property.