Special Right Triangles Practice Worksheet
VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) -- Juggernaut Analysis Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is admiring to address that it has accustomed Conditional Approval from the TSX Venture Exchange (the “Exchange”) for its ahead appear (see account releases anachronous February 8, 2021 and February 22, 2021) clandestine adjustment costs (the “Financing”). The aggregation will accept in balance of $6,000,000 in banknote no debt and beneath than 39MM allotment issued and outstanding column financing. The cogent advance of $5,300,000 by Institutions, Cardinal investors, assembly accompanying with absorption from chief miners is a able attestation to Juggernauts backdrop and planned 2021 analysis programs. Juggernauts 4 backdrop are 100% controlled complete aboriginal discoveries with acknowledgment to gold, argent and abject metals amid in apple chic geologic breadth of North Western British Columbia Canada.

Juggernaut’s ahead appear a broadcast non-brokered breeze through costs consisting of units priced at $0.355 with a two year accreditation priced at $0.375 of up to $2,800,000 on February 22nd. The aggregation has now accustomed $2,500,000 in a absolutely subscribed adamantine dollar costs consisting of units priced at $0.25 with a two year accreditation priced at $0.375. Crescat Basic LLC (“Crescat”) has agreed to accomplish a cardinal advance apery a 9.90% buying of the Aggregation column funding. As allotment of the terms, they will additionally accept an advantage to participate in approaching financings to advance their 9.90% absorption for a three-year aeon from the date of closing appointed for March 5 2021.
“Crescat is demography an activist access to advance in the adored metals mining industry today. Our ambition at this date of the aeon is to analyze and advance in a portfolio of potentially big, high-grade discoveries in the easily of undervalued juniors breadth we can advice alleviate value. We are aflame about Juggernaut and the analysis abeyant of its assets,” remarked Kevin Smith, Crescat’s architect and Chief Advance Officer.
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Dr. Quinton Hennigh has taken on the role as appropriate abstruse adviser to the Company. He is the abstruse adviser for all Crescat’s gold and argent mining investments. Dr. Hennigh is a world-renowned analysis geologist with added than 30 years of acquaintance including with above gold mining firms Homestake Mining, Newcrest Mining, and Newmont Mining.
Dr. Hennigh declared “Juggernaut has a portfolio of able aboriginal date projects in and about the Golden Triangle, British Columbia. Funds from this adjustment will be acclimated to undertake some axiological analysis assignment with the aim of bound breeding new assignment targets at some of its projects. In particular, the Midas acreage displays acceptable abeyant for adored metal-rich volcanogenic massive sulfide analysis of “Eskay Creek” style. Although a fair bulk of geologic assignment was undertaken at Midas over the accomplished brace years, it is bright that the breadth of analysis absorption is far beyond than ahead perceived and that the lion’s allotment of prospectivity charcoal untested. This is a archetypal befalling whereby Crescat applies its affable activist action against architecture analysis action and allowance to capitalize it.”
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On cancellation of final approval from the Exchange, the Aggregation will affair up to 7,888,324 Flow-Through Units (“FT Units”), anniversary FT Unit consisting of 1 flow-through accepted allotment of the Aggregation at $0.355, and 1 accepted allotment acquirement accreditation exercisable for an added accepted allotment at $0.375 for 2 years. Additionally 10,000,000 $0.25 Non-Flow-Through Units (“NFT Units”), anniversary NFT Unit consisting of 1 accepted allotment of the Aggregation and 1 accepted allotment acquirement accreditation exercisable for an added accepted allotment at $0.375 for 2 years.
Directors and admiral of the aggregation may access balance beneath the placement, which accord would be brash to be a “related affair transaction” as authentic beneath Multilateral Instrument 61-101 (“MI 61-101”). Such accord is accepted to be absolved from the academic appraisal and boyhood actor approval requirements of MI 61-101.
Mr. Dan Stuart, Director, President and CEO of Juggernaut states:
“We are admiring to acceptable both Crescat Basic as a cardinal broker and Dr. Hennigh as a Appropriate Abstruse Adviser and investor. I attending advanced to alive with our new ally who accompany a accurate clue almanac of both banking and abstruse strength. This will accredit Juggernaut to alleviate the abounding abeyant of its assets over the continued term, architecture bulk for all shareholders. This advance and cardinal partnership, accompanying with the advancing institutional abutment and absorption from chief miners, is a able endorsement that acutely demonstrates the cogent abreast appellation analysis abeyant of four 100% controlled properties. With a actual bound basic structure, no debt and a able banknote position, we are able-bodied positioned to move advanced with analysis and conduct programs on our backdrop this summer. With abundant anticipation, we attending advanced to active the countdown assignment and analysis programs and advertisement results.”
The Aggregation will pay finder's fees of the gross gain from the costs in cash, and advantage options on the aforementioned agreement and appraisement as the units actuality sold. This non-brokered clandestine adjustment is accountable to TSX Venture Exchange approval. All shares issued pursuant to this alms and any shares issued pursuant to the exercise of warrants will be accountable to a four-month authority aeon from the closing date.
About Crescat Basic LLC
Crescat is a all-around macro asset administration close headquartered in Denver, Colorado. Crescat’s mission is to abound and assure abundance over the continued appellation by deploying appropriate advance capacity based on proprietary value-driven disinterestedness and macro models. Crescat’s ambition is industry arch complete and risk-adjusted allotment over complete business cycles with low alternation to accepted benchmarks. The company’s advance action involves a mix of asset classes and strategies to abetment with anniversary client’s different needs and objectives and includes All-around Macro, Long/Short, Large Cap and Adored Metals funds.
Crescat is brash by its abstruse consultant, Dr. Quinton Hennigh on investments in gold and argent adeptness companies. Dr. Hennigh became an bread-and-butter geologist afterwards accepting his PhD in Geology/Geochemistry from the Colorado School of Mines. He has added than 30 years of analysis acquaintance with above gold mining firms that accommodate Homestake Mining, Newcrest Mining and Newmont Mining. Amid his notable activity involvements are First Mining Gold’s Springpole gold drop in Ontario, Kirkland Lake Gold’s accretion of the Fosterville Gold Mine in Australia, the Rattlesnake Hills gold drop in Wyoming, and Lion One’s Tuvatu gold activity on Fiji, amid abounding others.
About Juggernaut Analysis Ltd.
Juggernaut Analysis Ltd. is a adored metals activity architect in the geopolitically abiding administration of Canada, focused on the abounding geologic ambience of northwestern British Columbia.
For added information, amuse contact
Juggernaut Analysis Ltd.
Dan StuartPresident, Director and Chief Executive Officer
604-559-8028
www.juggernautexploration.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.FORWARD LOOKING STATEMENT
Certain acknowledgment in this absolution may aggregate advanced statements that are accountable to abundant risks and uncertainties apropos to Juggernaut’s operations that may account approaching after-effects to alter materially from those bidding or adumbrated by those advanced statements, including its adeptness to complete the advised clandestine placement. Readers are cautioned not to abode disproportionate assurance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
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