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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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RJK Explorations Ltd. Completes First Tranche of Non-Brokered Private Placement

Toronto, Ontario – April 12, 2017 – RJK Explorations Ltd. (TSX VENTURE: RJX.A) (“RJK“) closed the first tranche of its previously announced non-brokered private placement of units, raising gross proceeds of $298,139.76 (the “Offering“). Under the terms of the Offering, 1,656,332 units (the “Units“) were sold at a price of $0.18 per Unit, each Unit comprised of one Class A Subordinate Voting Share (“Class A Share“) 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 for up to one year following its date of issue at a price of $0.35 per Warrant Share.

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