PJX Resources Inc. announces non brokered private placement of 16,000,000 units through the issuance of Flow Through Units and Non-flow Through Units at a price of CAD 0.105 per Flow Through Unit and CAD 0.09 per Non-flow Through Units on November 14, 2023. Each Flow-through Unit will consist of one common share and one common share purchase warrant. Each Non-flow Through Units will consist of one common share and one common share purchase warrant.

Each warrant, whether acquired as part of a Flow-through Unit or Unit, will entitle the holder to purchase one common share at an exercise price of CAD 0.20 for 24 months following completion of the Offering. The securities issuable in connection with this Offering will be subject to a hold period in Canada which will run for four months from the date of the closing of the Offering