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Juggernaut Files To Close $3,040,000 Financing With Strategic Investment By Crescat Capital For 19.70% Ownership

PRIVATEMay 12, 2023

Amount Raised

$3.04 Million

Round Type

Seed

VancouverOtherFinancial ServicesLendingMining

Description

Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report its previously announced non-brokered private placement financing (the “Financing”) of up to $3 million was met with significant interest from strategic institutions, industry professionals and UHNWI investors resulting in the Financing being over-subscribed. The Financing was capped at $3,040,000 and the Company has filed documents with the TSXV Exchange (“Exchange”) for approval to close the Financing.

Quick answer

Juggernaut Exploration raised $3.04 Million in a Seed round, dated May 12, 2023. Juggernaut Exploration is based in Vancouver, British Columbia, Canada.

How much did Juggernaut Exploration raise?
Juggernaut Exploration raised $3.04 Million in a Seed round on May 12, 2023.
What does Juggernaut Exploration do?
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia.
Where is Juggernaut Exploration based and how big is it?
Juggernaut Exploration is based in Vancouver, British Columbia, Canada.
Who are the decision-makers at Juggernaut Exploration?
Fundz holds 1 contact at Juggernaut Exploration, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Lending around the same time

Companies in the same sectors as Juggernaut Exploration that raised within 45 days of this round, from Fundz verified event records.

  • Voxtur raised $1.4M (Seed) on June 26, 2023.
  • TreasurySpring raised $29M on June 25, 2023.
  • SOS raised $7.6M (Funding Round) on June 22, 2023.
  • Basic Home Loan raised $4.7M (Seed) on June 14, 2023.
  • Lentra raised $27M (Series B) on June 7, 2023.
  • Pagaya Technologies raised $75M on May 24, 2023.

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Company Information

Company

Juggernaut Exploration

Location

Vancouver, British Columbia, Canada

About

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are located in globally recognized geological settings and in geopolitically stable jurisdictions, making them amenable to mining in Canada. Juggernaut is a member and active supporter of CASERM, a collaborative venture between the Colorado School of Mines and Virginia Tech.

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Related People

1 contact
Verified contactsDaniel S., Executive Officer, DirectorSee plans and pricing
Predictive Intelligence
Strategic

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