Juggernaut Exploration Announces $10 Million Bought Deal Private Placement
Toronto, Ontario — February 27, 2026 — Leads & Copy — Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCPK: JUGRF) (FSE:4JE) has announced an agreement with Stifel Canada for a \”bought deal\” private placement offering. The offering will consist of 3,906,250 units at a price of $2.56 per unit, totaling gross proceeds of $10,000,000.
Each unit includes one common share and one-half of a common share purchase warrant. Each whole warrant allows the holder to purchase one common share at an exercise price of $2.08 for 24 months following the closing date. The shares and warrants are intended to qualify as \”flow-through shares\” under the Income Tax Act (Canada).
Stifel Canada has the option to sell additional units, up to 15% of the initial offering, until 48 hours before the closing date. The offering is expected to close around March 19, 2026, pending necessary approvals, including from the TSX Venture Exchange.
The proceeds will fund exploration expenses on the Big One Gold Project in British Columbia, Canada. These expenses will qualify as \”Canadian exploration expenses,\” \”flow-through critical mineral mining expenditures,\” and, for British Columbia residents, \”BC flow-through mining expenditures.\” The expenses are to be incurred by December 31, 2027, and renounced to subscribers by December 31, 2026.
Certain purchasers of units may donate or sell them to purchasers arranged by the Underwriter on the Closing Date. These \”Re-Offer Units\” may be sold in Canada (excluding Quebec), the United States (under available exemptions), and other jurisdictions where no prospectus or regulatory approval is required.
The units will be offered to purchasers in Canada and other qualifying jurisdictions under the listed issuer financing exemption. Securities issued under this exemption will not be subject to a hold period under Canadian securities laws. An offering document is available on SEDAR+ and on the company’s website, and prospective investors should read it before investing.
Stifel Canada will receive a cash commission of 6.0% of the gross proceeds and broker warrants equal to 6.0% of the units sold, including the underwriter’s option. Each broker warrant allows the holder to acquire one common share of the company at C$1.81 for 24 months following the closing date. The cash commission will be paid from the company’s cash on hand.
The company is inviting interested parties to visit them at booth #3232 at the PDAC, Investors Exchange South Building, from Sunday, March 1st, until Wednesday, March 4th, adjacent to their sister company, Goliath Resources. The PDAC is held at the Metro Toronto Convention Centre at 255 Front Street West, Toronto.
Juggernaut Exploration Ltd. explores precious metals projects in the Golden Triangle of northwestern British Columbia. The company is a member and active supporter of CASERM, and Crescat Capital is a key strategic cornerstone shareholder.
This announcement does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such action would be unlawful, including the United States. The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons without registration or an applicable exemption.
Source: Juggernaut Exploration Ltd.
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