PJX Resources Inc. announced a non-brokered private placement of up to 5,100,000 units through the issuance of flow-through units at a price of CAD 0.105 per unit for gross proceeds of up to CAD 535,500 on December 4, 2023. Each flow-through unit will consist of one common share to be issued as a flow-through share and one common share purchase warrant. Each warrant 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 offering, and any modifications to it, is subject to compliance with applicable securities laws and to receipt of the approval and acceptance of the TSX-V. The company reserves the right to increase the size of the offering or to modify the type, nature and price of the units for any reason. The securities issuable in connection with this offering will be subject to a hold period in Canada which will run for four months and one day from the date of the closing of the offering. The company may pay finders' fees, in accordance with the policies of the TSX-V.