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AJN Resources Inc
Symbol AJN
Shares Issued 50,710,500
Close 2025-03-14 C$ 0.105
Market Cap C$ 5,324,603
Recent Sedar Documents

AJN Resources arranges $500,000 private placement

2025-03-15 02:28 ET - News Release

Mr. Klaus Eckhof reports

AJN RESOURCES INC. ANNOUNCES PRIVATE PLACEMENT OFFERING WITH A LEAD ORDER BY PALISADES GOLDCORP LTD.

AJN Resources Inc. has arranged a non-brokered private placement offering of units in the capital of the company at a price of 12 cents per unit for gross proceeds of at least $500,000. The company has received a lead order from Palisades Goldcorp Ltd. Each unit will consist of 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 four-year period.

AJN intends to use the net proceeds from the offering for due diligence in connection with possible property acquisitions, property acquisitions, exploration on the company's properties and working capital purposes. A finder's fee may be payable with respect to a portion of the offering. The securities issued and issuable pursuant to the offering will be subject to a four-month-and-one-day statutory hold period. The issuance of the units will not result in a change of 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 75 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, especially the Democratic Republic of the Congo.

We seek Safe Harbor.

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