Juggernaut Exploration Announces Bought Deal Private Placement Structured Flow-Through Financing for Gross Proceeds of C$10M

Core Viewpoint - Juggernaut Exploration Ltd. has announced a bought deal private placement offering of 3,906,250 units at an issue price of $2.56 per unit, aiming to raise gross proceeds of $10,000,000 for exploration expenses related to its Big One Gold Project in British Columbia [1][4]. Group 1: Offering Details - The offering consists of units that include one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at an exercise price of $2.08 for 24 months [1]. - The underwriter, Stifel Canada, has an option to sell an additional 15% of the units sold under the offering [2]. - The expected closing date for the offering is around March 19, 2026, pending necessary approvals [3]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to Canadian exploration expenses and flow-through critical mineral mining expenditures, specifically for the Big One Gold Project [4]. Group 3: Re-Offer Units - Certain purchasers of units plan to donate or sell some of the units to registered charities or other purchasers arranged by the underwriter on the closing date [5]. Group 4: Regulatory Compliance - The offering will be conducted under the Listed Issuer Financing Exemption, allowing the securities to be offered without a hold period under Canadian securities laws [5]. Group 5: Underwriter Compensation - The underwriter will receive a cash commission of 6.0% of the gross proceeds and broker warrants equal to 6.0% of the units sold, with each broker warrant allowing the purchase of one common share at a price of C$1.81 for 24 months [6]. Group 6: Company Background - Juggernaut Exploration Ltd. focuses on precious metals projects in the Golden Triangle of British Columbia, operating in stable geopolitical environments [11].