RJK Explorations Ltd. Announces Upsize of Private Placement

Core Viewpoint - RJK Explorations Ltd. has increased the size of its private placement offering to raise up to $160,000, with additional units being offered at varying prices [1]. Group 1: Offering Details - The offering will consist of 5,200,000 units at $0.025 per unit and an additional 1,000,000 units at $0.03 per unit [1]. - Each unit includes one common share and one warrant, with each warrant allowing the purchase of one common share at $0.05 for five years [1]. - The company plans to allocate 80% of the proceeds for working capital and general corporate purposes, and 20% for its exploration program [1]. Group 2: Closing Conditions - The offering is subject to customary closing conditions, including approval from the TSX Venture Exchange [2]. - The closing may occur in multiple tranches and is not contingent on a minimum amount of gross proceeds [2]. - Securities issued will have a hold period of four months and one day as per Canadian securities laws [2]. Group 3: Regulatory Information - The securities offered are not registered under the U.S. Securities Act of 1933 and cannot be sold in the U.S. without registration or an exemption [3]. - The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the accuracy of the release [4].