Mr. Klaus Eckhof reports
AJN RESOURCES INC. CLOSES PRIVATE PLACEMENT
Further to the Dec. 8, 2025, Dec. 11, 2025, and Dec. 22, 2025, news releases, AJN Resources Inc. has closed a non-brokered private placement of units in the capital of the company at a price of 15 cents per unit to raise total gross proceeds of $550,025 through the issuance of a total of 3,666,833 units. Each unit is composed 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 25 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 May 22, 2026. The net proceeds of the private placement will be used for technical, legal and financial due diligence on Giro Goldfields Sarl and on the Giro gold project; negotiation, preparation and closing of a formal agreement; and mineral exploration activities on the Giro gold project.
Change of name
Further to the company's Dec. 8, 2025, news release, the company is proceeding with a change of name from AJN Resources Inc. to DRC Gold Corp., effective Jan. 26, 2026. The company's common shares will commence trading on the Canadian Securities Exchange on Jan. 26, 2026, under the new name and under the new trading symbol DRC.
The company's new Cusip number following the name change will be 23347H106, and its new ISIN will be CA23347H1064. The share capital of the company remains unchanged. No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of the company in the current name of the company will not be affected by the name change and will not need to be exchanged.
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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