{kanada_flagge}Juggernaut Exploration Ltd. (TSX-V: JUGR; OTCQB: JUGRF; FRA: 4JE) has raised CAD 3,040,000 in private placement capital and has taken this opportunity to bring on board Crescat Capital LLC as a strategic investor. Denver-based asset management company Crescat now holds a 19.70% stake in the company.
{kanada_flagge}Juggernaut Exploration Ltd. (TSX-V: JUGR; OTCQB: JUGRF; FRA: 4JE) has raised CAD 3,040,000 in private placement capital and has taken this opportunity to bring on board Crescat Capital LLC as a strategic investor. Denver-based asset management company Crescat now holds a 19.70% stake in the company.
In the same move, Dr. Quinton Hennigh has assumed the role of special technical advisor to the company. He is the technical advisor for all of Crescat’s gold and silver mining investments and is a world-renowned exploration geologist with more than 30 years of experience. Hennigh described Juggernaut as “one of the most exciting exploration stories in British Columbia.”
Dr. Hennigh stated, “We are pleased to have Juggernaut commence drilling at Midas and Empire. Given the nature of the targets, which are potentially high grade and large, and the recent positive trend in the resource sector, Juggernaut will be one of the most exciting exploration stories in BC this year. After reviewing the drill plans, I am quite confident that they could make two remarkable discoveries this season.”
Dan Stuart, Director, President and CEO of Juggernaut, said, “We are pleased to have expanded our relationships with both Crescat Capital as a strategic investor and Dr. Hennigh as a special technical advisor and investor. This will greatly enhance Juggernaut’s visibility among investors. Juggernaut’s projects in northwestern British Columbia and the Golden Triangle are attracting significant interest from leading institutions and mining companies.”
Following the placement, Juggernaut now has a strong cash position of approximately $5,000,000 CAD. The company intends to use this to advance drilling on its three projects, Midas, Empire and Bingo (totaling approximately 6,000 meters). The season will begin shortly.
Disclaimer: The contents of www.goldinvest.de and all other used information platforms of the GOLDINVEST Consulting GmbH serve exclusively the information of the readers and do not represent any kind of call to action. Neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. Furthermore, they do not in any way replace individual expert investment advice, but rather represent advertising / journalistic texts. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities involves high risks, which can lead to a total loss of the invested capital. The GOLDINVEST Consulting GmbH and its authors exclude any liability for financial losses or the contentwise warranty for topicality, correctness, adequacy and completeness of the articles offered here expressly. Please also note our terms of use.
According to §34 WpHG we would like to point out that partners, authors and/or employees of GOLDINVEST Consulting GmbH hold shares of some of the mentioned companies and therefore a conflict of interest exists. Furthermore, we cannot exclude that other stock exchange letters, media or research firms discuss the values discussed by us in the same period. Therefore, symmetrical information and opinion generation may occur during this period. Furthermore, there is a consulting or other service contract between some of the mentioned companies and GOLDINVEST Consulting GmbH, directly or indirectly, which means that there is or can be a conflict of interest as well.
