AJN Resources Inc. Increases Private Placement Unit Offering

Executive Summary

• AJN Resources Inc. announced an increase in its private placement offering from up to 3,500,000 units to up to 5,000,000 units at $0.15 per unit, targeting gross proceeds of up to $750,000.
• Each unit consists of one common share and one warrant (exercise price $0.25, two‑year term). The securities will be subject to a four‑month hold period.
• Proceeds are earmarked for due diligence on the Giro Goldfields acquisition, negotiation and closing of a purchase agreement, and mineral exploration activities on the Giro Gold Project.

Key Details

• Units Offered: Increased to a maximum of 5,000,000 units (from 3,500,000).
• Price per Unit: $0.15, representing a total potential gross proceeds of up to $750,000.
• Unit Composition:
• 1 common share
• 1 share purchase warrant (right to buy one additional common share at $0.25 per share, exercisable for two years).
• Closing Date: Expected by December 26, 2025.
• Hold Period: Securities issued will be subject to a four‑month hold period under applicable securities laws.
• Use of Proceeds:
• Technical, legal and financial due diligence on Giro Goldfields and the Giro Gold Project.
• Negotiation, preparation and closing of a purchase agreement related to the acquisition.
• Mineral exploration activities on the Giro Gold Project.

Notable Quotes

(No direct quotes were provided in the release.)