RJK Explorations Ltd. Announces Upsize of Previously Announced Private Placement

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KIRKLAND LAKE, ON / ACCESS Newswire / August 12, 2026 / RJK Explorations Ltd. (TSXV:RJX.A) (the "Company") is pleased to announce that it has upsized its previously announced non-brokered private placement from gross proceeds of up to $100,000 to gross proceeds of up to $150,000 (the "Offering"). The Offering will consist of the sale of units (the "Units") of the Company at a price of $0.03 per Unit. Each Unit consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price of $0.05 for a period of five years from the date of issuance. The Company intends to use the gross proceeds for working capital and general corporate purposes and to fund its exploration program on its exploration properties.

The Offering is subject to customary closing conditions including, but not limited to, receipt of approval of the TSX Venture Exchange. The closing of the Offering may occur in one or more tranches and is not subject to receipt of a minimum amount of gross proceeds. The securities issued pursuant to the Offering will be subject to a four-month and one day hold period in accordance with applicable Canadian securities laws and TSXV policies.