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Juggernaut Exploration Ltd. Capital/Financing Update 2020

Dec 3, 2020

45873_rns_2020-12-02_d4c56cf9-9c32-42be-8577-facea4814cc8.pdf

Capital/Financing Update

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==> picture [214 x 57] intentionally omitted <==

JUGGERNAUT GRANTS SHARE PURCHASE OPTIONS

Vancouver, British Columbia – December 2, 2020 – Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company”) announces that subject to regulatory approval and pursuant to its stock option plan, it has granted 335,000 share purchase options in aggregate to three directors of the Company. Each option is exercisable for the purchase of one common share of the Company at a unit price of $0.22 for a five year period.

For more information please contact:

Juggernaut Exploration Ltd. Mr. Dan Stuart President and Chief Executive Officer Tel: (604) 559-8028 [email protected] 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.