RJK Explorations Ltd. Closes Private Placement


DeMarco Allan LLP acts for RJK Explorations Ltd. in connection with its non-brokered private placement of units (the "Offering"). Under the terms of the Offering, 1,656,332 units (the "Units") were sold at a price of $0.18 per Unit, each Unit comprised of one Class A Subordinate Voting Share of the Corporation and one-half of one Class A Subordinate Voting Share purchase warrant ("Warrant"), with each whole Warrant entitling the holder to purchase an additional Class A Subordinate Voting Share ("Warrant Share") for up to one year at a price of $0.35 per Warrant Share.


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