PJX Resources Extends Warrant Expiry and Completes Exploration

PJX Resources Inc. has announced plans to extend the expiry date of 21,610,038 share purchase warrants by one year. Subject to TSXV Exchange approval, the new expiry date is set for November 23, 2026, with no change to the current exercise price of $0.20 per share. A portion of these warrants, 726,380, is held by related parties, making this a related party transaction. However, exemptions apply as market capitalization criteria are met.

Concurrently, PJX completed drilling and surface exploration efforts at the Dewdney Trail Property. The target was Sullivan deposit-style mineralization, where core and rock samples have been sent for analysis. Pending comprehensive results, PJX decided to extend the warrant expiry, giving shareholders the option to exercise.