Announcement • Jun 18
PJX Resources Inc. announced that it expects to receive CAD 6.3 million in funding PJX Resources Inc. announced a non-brokered private placement of 44,000,000 units of the company of non-flow through units at CAD0.125, flow through units at CAD0.15, Charity Flow-through at CAD 0.16 and Charity Flow-through Critical Metals Units at CAD 0.18 of the company to raise gross proceeds of CAD 6,300,000 on June 18, 2026. Each Unit and each Flow-through Unit, regardless of whether it is a FTU, CFTU or CFTUCM, consists of one common share to be issued as a "flow-through share" within the meaning of the Income Tax Act and one common share purchase warrant. Each warrant acquired will entitle the holder to purchase one common share at an exercise price of CAD 0.20 for 24 months following completion of the private placement. The company is also pleased to announce that the private placement is expected to close in 2 or more tranches by July 15, 2026. Certain directors of PJX, may participate in the private placement. As insiders, the subscriptions of these parties will be considered to be a “related party transaction” within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101”). Finders fees comprised of cash and non-transferable Warrants may be paid in respect of the transaction. The Warrants will entitle the holder to purchase one common share at an exercise price of CAD 0.20 for 24 months following completion of the placement. All securities issuable in connection with the transaction will be subject to a statutory hold period in Canada which will run for four months from the date of the closing of the transaction. The transaction is subject to compliance with applicable securities laws and to receipt of the final approval and acceptance of the TSX Venture Exchange. New Risk • May 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.5m free cash flow). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$26.2m market cap, or US$19.1m). Announcement • Apr 29
PJX Resources Inc., Annual General Meeting, Jun 24, 2026 PJX Resources Inc., Annual General Meeting, Jun 24, 2026. Location: ontario, toronto Canada 
