Mr. Klaus Eckhof reports
AJN RESOURCES INC. CLOSES $3,000,000 PRIVATE PLACEMENT
Further to AJN Resources Inc.'s Nov. 11, 2025, news release, the company has closed a non-brokered private placement of units in the capital of the company at a price of 10 cents per unit to raise total gross proceeds of $3-million via the issuance of a total of 30 million units. Each unit comprises one common share and one share purchase warrant, where each warrant will entitle the holder to purchase one additional common share at an exercise price of 15 cents per warrant share for a two-year period.
The securities issued pursuant to the private placement are, and any warrant shares to be issued on the exercise of warrants will be, restricted from trading until March 20, 2026. The net proceeds of the private placement will be used for due diligence in connection with possible property acquisitions, exploration of the company's properties and for working capital purposes. No bonus, finder's fee, commission, agent's option or other compensation was paid in connection with the private placement.
The issuance of the units resulted in a new shareholder that holds in excess of 20 per cent of the common shares of the company, but will not change control or materially affect control of the company.
About AJN Resources Inc.
AJN is a junior exploration company. AJN's management and directors possess over 50 years of collective industry experience and have been very successful in the areas of exploration, financing and developing major mines throughout the world, with a focus on Africa.
We seek Safe Harbor.
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