Mr. Klaus Eckhof reports

AJN RESOURCES INC. CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT FINANCING

AJN Resources Inc., further to the company's March 21, 2025, news release, has closed the final tranche of a non-brokered private placement of units in the capital of the company at a price of 12 cents per unit to raise additional gross proceeds of $124,000 via the issuance of a total of 1,033,333 units. Each unit comprises one common share and one share purchase warrant, where each warrant entitles the holder to purchase one additional common share at an exercise price of 15 cents per warrant share for a four-year period.

The securities issued pursuant to this tranche of the private placement and any warrant shares to be issued on the exercise of warrants are restricted from trading until July 29, 2025. The net proceeds of the private placement will be used for due diligence in connection with possible property acquisitions, property acquisitions, exploration on the company's properties and working capital purposes.

The issuance of the units did not result in a change of control or materially affect control of the company.

AJN also announces that with respect to the Dabel gold project, it is still in the due diligence phase, and that upon completion of satisfactory due diligence, and, if applicable, the incorporation of a new Kenyan subsidiary to hold the Dabel gold project, AJN intends to make the next property payment.

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.