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Wednesday, February 5, 2025

First Gold Doré Following Profitable Carbon Strip



Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) (the “Firm” or “Juggernaut”) is happy to announce that it has the choice to earn 100 % curiosity within the Huge One property (the “Property”) from the B-ALL Syndicate Ltd. The Huge One Property is a brand new discovery with assays as much as 79.01 g/t gold (2.54 oz/t gold) and 3157.89 g/t silver (101.5 oz/t silver) from >200 gold-silver-copper wealthy polymetallic veins as much as 8 m huge and placing for as much as 500 m that stay open. These veins had been recognized alongside the newly found 11 km Freeway of Gold surrounding the Eldorado porphyry system on the Huge One property. The invention is positioned in an space of glacial and snowpack abatement adjoining to the world-class gold-rich porphyry programs at Galore Creek. The property covers 33,693 hectares in world-class geologic terrane with super extra discovery potential within the coronary heart of the Golden Triangle, British Columbia. The Huge One property was generated, staked and the unique discovery was made by the B-ALL Syndicate.

Huge One Eldorado Map

Huge One Video

Dan Stuart, President and CEO of Juggernaut Exploration, states,“We’re excited to have been chosen because the automobile to discover, drill, and develop this thrilling discovery residence to the 11 km Freeway of Gold, the place over 200 high-grade gold-silver polymetallic veins as much as 8 m thick and uncovered on floor for over 500 m have assayed as much as 79.01 g/t gold (2.54 oz/t gold) and 3157.89 g/t silver (101.5 oz/t silver) and stay open. Much more thrilling is the truth that the mineralization noticed on the floor is indicative of a a lot bigger valuable and base steel porphyry system or programs at depth. To have 100 % management over a district-scale property of this caliber positioned in world-class geologic terrane in shut proximity to a Tier 1 deposit the likes of Galore Creek is a once-in-a-lifetime alternative. With ~95 % of the Huge One property remaining unexplored and internet hosting huge areas of newly uncovered outcrop as a consequence of glacial and snowpack retreat, it gives for wonderful extra long-term discovery potential. The Huge One discovery has already garnered severe curiosity from a number of miners and establishments alike. The corporate seems ahead to the maiden drill program, which may in a short time evolve right into a world-class gold discovery.”

ELDORADO PORPHRYRY SYSTEM / 11 KM HIGHWAY OF GOLD HIGHLIGHTS

  • Whopper vein: seize samples from 5 m huge quartz-sulphide vein hosted in an 8 m huge mineralized shear zone returned 16.04 g/t AuEq (13.12 g/t Au, 169.88 g/t Ag, 0.51 % Cu, 1.65 % Pb, 0.42 % Zn) in addition to 13.10 g/t AuEq (10.62 g/t Au, 206.32 g/t Ag, 0.01 % Cu, 0.77 % Zn, 0.01 % Pb) and seven.42 g/t AuEq (6.01 g/t Au, 121.97 g/t Ag, 0.01 % Cu, 0.06 % Pb, 0.09 % Zn). The Whopper vein is uncovered on floor for 100 m and stays open alongside strike the place it goes below snowpack and ice. The quartz vein consists of lenses and seams of large pyrite and galena contained within the quartz vein and stockwork. The high-grade Whopper vein geochemical and geophysical signatures are indicative of a porphyry supply at depth. This goal is drill prepared.Huge One Whopper Picture 1Huge One Whopper Picture 2, Huge One Whopper Picture 3,Huge One Whopper Picture 4, Huge One Whopper Video
  • Huge Mac Vein: Seize pattern from a quartz-sulphide vein hosted in a 4 m huge shear zone that incorporates stringers of semi-massive galena in addition to clots of chalcopyrite and pyrite assayed 41.46 g/t AuEq (37.98 g/t Au, 70.37 g/t Ag, 0.24 % Cu, 5.72 % Pb, 3.93 % Zn), in addition to 10.67 g/t AuEq (10.61 g/t Au, 3.55 g/t Ag, 0.01 % Cu, 0.01 % Pb, 0.01 % Zn). The Huge Mac vein is uncovered for 50 m the place it goes below overburden/ice and stays open. The Huge Mac vein’s geochemical signature is conducive for a porphyry supply that can also be indicated by geophysical anomalies at depth. This goal is drill prepared. Huge One Huge Mac PictureHuge One Huge Mac Video
  • Big Vein: Channel pattern throughout 1.5 m quartz vein with lenses and stringers of semi-massive to large chalcopyrite and pyrite returned 6.10 g/t AuEq (5.06 g/t Au, 91.41 g/t Ag, 0.01 % Cu, 0.05 % Pb, 0.03 % Zn). The vein extends vertically for 30 m and stays open inside a big gossanous space 100 m huge. The Big vein’s geochemical signature is conducive for a porphyry supply that can also be indicated by geophysical anomalies at depth. This goal is drill prepared. Huge One Big Picture
  • Deluxe Vein: Channel pattern throughout a forty five cm vein containing semi-massive galena and pyrite assayed 37.20 g/t AuEq (12.12 g/t Au, 2084.61 g/t Ag, 0.02 % Cu, 8.04 % Pb, 0.01 % Zn) in addition to 7.68 g/t AuEq (3.39 g/t Au, 380.15 g/t Ag, 0.01 % Cu, 0.11 % Pb, 0.01 % Zn). The vein is as much as 2 m huge and has been traced alongside strike for 150 m and stays open. The Deluxe vein has a geophysical anomaly at depth that’s conducive for a porphyry supply. This goal is drill prepared. Huge One_Deluxe PictureHuge One Deluxe Video
  • Double Decker: Seize pattern from a set of intersecting quartz-sulphide veins as much as 50 cm huge and uncovered for 60 m returned 22.04 g/t AuEq (19.82 g/t Au, 216.65 g/t Ag). The veins comprise seams of semi-massive galena and pyrite and stay open. The Double Decker vein has a geophysical anomaly at depth that’s conducive for a porphyry supply. This goal is drill prepared. Huge One DoubleDecker
  • Eldorado consists of a high-grade polymetallic gold-silver zone named Freeway of Gold that stretches 11 km and stays open on newly uncovered bedrock alongside the fringes of the Geology Ridge icefield and Decker Creek glacier
  • Eldorado demarks an space of seven.5 Km of just lately uncovered bedrock containing substantial propylitic alteration, hydrothermal veining, and epithermal veining with 200 quartz-sulphide veins as much as 8 m huge containing semi-massive to large chalcopyrite, sphalerite and galena with grades as much as 79.01 g/t Au (2.54 oz/t Au) and 3157 g/t Ag (101.5 oz/t Ag), that is still open
  • The polymetallic veins, alteration signature, geochemical path finder component signature, and geophysical anomalies strongly point out the presence of a frequent buried gold-silver-copper wealthy porphyry feeder supply at depth answerable for the in depth high-grade veining confirmed on floor
  • The newly uncovered Eldorado system incorporates 200 veins over an space of 1.2 km by 800 m that is still open. Inside this zone, veins as much as 8 m huge and placing as much as 500 m had been noticed (Whopper vein), containing semi-massive to large chalcopyrite, sphalerite and galena, indicated to be the supply of historic high-grade gold-silver angular float samples reported within the Nineteen Sixties within the valley under. Each the zone and the system stay open and are drill prepared.
  • Not less than two in depth areas with robust porphyry potential have been recognized the place the distribution of geochemical path finder components overlaps with robust geophysical anomalies in addition to a number of gold-rich polymetallic veins in outcrop and clearly corresponds to the everyday signature noticed inside or in shut proximity to a porphyry system.Huge One Geochemistry Maps

The outcomes from the August 2024 reconnaissance exploration program on the Huge One property confirmed the wonderful untapped exploration potential of the realm with the invention of the in depth high-grade Eldorado gold-silver-copper system discovered alongside the 11 km Freeway of Gold in newly uncovered outcrop across the fringes of the snowfields/glaciers. The Eldorado discovery is bordered by an in depth zone of propylitic alteration halo overlaying an space of 4 km by 1 km and porphyry textures in outcrop, which, coupled with buried geophysical anomalies and robust geochemical pathfinder component signatures, strongly signifies the presence of a big mineralizing (porphyry) system or programs at depth indicated to be the origin of the in depth high-grade gold, silver and copper mineralization confirmed in veins on floor that is still open.

The Huge One property covers 33,693 hectares of world-class geologic terrain within the coronary heart of the Golden Triangle of British Columbia, Canada. The property is essentially unexplored, and solely just lately, as a consequence of ongoing speedy glacial and snowpack abatement, has a chance been supplied to discover in depth areas of the newly uncovered outcrop, which has robust potential for discovery right now and into the longer term.

The Eldorado system is indicated to be the supply of angular float samples with grades as much as 16.9 g/t Au and 49 g/t Ag, found within the early Nineteen Sixties. Eldorado corresponds to the placement of the supply that was recommended by famend geologist and glaciation skilled Dr. Richard E Kucera in 1990 to the west of the boulder discipline at an elevation of >4700 ft, which on the time was lined by everlasting snow and ice. Huge One Float Zone

We’ve solely began to scratch the property’s floor and have probably solely seen the tip of the iceberg. Various mineralized occurrences, together with porphyry and in depth high-grade polymetallic veins, had been found on the Huge One property, clearly demonstrating the big untapped potential of this space, which may shortly evolve into a brand new world-class discovery.

Desk 1: Assay highlights from the Huge One property

Pattern ID

Pattern Sort

Au (g/t)

Ag (g/t)

Cu (%)

Pb (%)

Zn (%)

AuEq (g/t)

D751282

Seize

79.01

53.49

0.13

0.43

0.80

80.08

D751966

Seize

56.54

23.40

0.03

0.02

0.03

56.84

D751216

Seize

37.98

70.37

0.24

5.72

3.93

41.46

D751164

Seize

2.03

3157.89

0.38

2.04

0.31

38.28

D751191

Channel

12.12

2084.61

0.02

8.04

0.00

37.20

D751156

Seize

33.72

128.83

0.27

2.71

0.27

36.11

D751964

Talus

23.47

105.31

1.37

0.01

0.00

26.07

D750389

Seize

8.10

1421.50

1.11

0.15

2.70

26.01

D751163

Float

23.97

2.75

0.02

2.16

0.13

24.53

D751209

Seize

19.82

216.65

0.00

0.00

0.00

22.24

D750394

Seize

13.12

169.88

0.51

1.65

0.42

16.04

D751285

Seize

3.74

101.58

7.96

0.01

0.01

13.18

D751975

Seize

10.62

206.32

0.00

0.77

0.01

13.10

D750192

Seize

3.44

230.39

6.61

0.00

0.01

12.91

D751943

Seize

4.00

99.85

0.30

15.35

8.35

11.32

D750198

Float

6.01

32.31

0.14

0.04

15.30

11.21

D750608

Seize

10.62

3.55

0.00

0.01

0.01

10.67

D751154

Seize

5.72

219.32

0.22

1.81

1.34

9.20

D751969

Float

5.59

187.89

0.40

1.91

0.98

8.82

D751284

Float

6.34

56.05

0.03

6.78

0.59

8.66

D751151

Float

2.79

95.04

0.01

20.00

1.22

8.59

D751192

Channel

3.39

380.15

0.01

0.11

0.00

7.68

D751104

Float

3.79

187.22

0.30

4.60

1.12

7.54

D750395

Seize

6.01

121.97

0.01

0.06

0.09

7.42

D751939

Channel

5.06

91.41

0.00

0.05

0.03

6.10

D751107

Float

4.09

74.75

0.22

1.20

0.95

5.71

D751112

Float

4.94

60.63

0.00

0.31

0.02

5.70

D751158

Seize

4.60

33.15

0.04

1.36

0.02

5.31

D750657

Seize

3.71

41.29

0.76

0.01

0.02

4.98

D751215

Seize

2.96

105.47

0.04

0.04

2.15

4.84

D750094

Seize

0.02

100.05

1.01

0.06

8.60

4.83

D750656

Seize

1.56

100.27

0.06

7.88

0.25

4.53

D750088

Seize

0.16

166.59

0.04

7.63

1.50

4.18

D750664

Float

0.46

224.12

0.02

4.51

0.08

3.99

D751697

Seize

0.09

97.20

2.35

0.01

0.07

3.65

D751283

Float

0.26

14.00

3.02

0.00

0.00

3.57

D751946

Seize

0.02

125.23

0.72

0.18

4.35

3.54

D751699

Seize

2.15

67.96

0.01

2.63

0.06

3.51

D751195

Channel

1.61

36.67

0.82

1.27

0.71

3.37

D750554

Channel

0.05

80.48

0.35

1.05

5.34

3.17

D750199

Seize

0.15

113.29

0.01

7.73

0.05

3.13

D751836

Chip

0.22

98.74

0.00

5.21

1.59

2.95

D751845

Chip

2.63

27.78

0.00

0.01

0.00

2.95

D751972

Channel

1.42

44.82

0.03

3.43

0.68

2.90

D751846

Seize

2.59

24.90

0.01

0.00

0.00

2.87

D751207

Seize

0.04

3.30

0.01

12.65

0.01

2.85

D751109

Seize

1.65

86.36

0.10

0.01

0.03

2.73

D751962

Seize

0.55

86.59

0.26

1.17

1.98

2.65

D751968

Seize

1.49

58.18

0.01

1.68

0.13

2.55

D751153

Seize

0.83

82.95

0.38

0.08

1.16

2.52

D751213

Float

1.65

59.19

0.02

0.31

0.02

2.41

D751992

Seize

0.33

100.07

0.03

3.27

0.06

2.21

D750448

Seize

0.42

65.04

0.03

4.57

0.09

2.20

D750086

Channel

0.17

16.43

0.12

1.11

4.70

2.16

D751947

Seize

0.01

68.75

0.48

0.09

2.81

2.16

D750555

Channel

0.05

68.88

0.17

1.03

2.65

2.03

D751165

Seize

1.95

2.75

0.00

0.01

0.01

1.99

D750393

Seize

1.01

38.49

0.02

1.79

0.37

1.97

D750449

Seize

0.24

27.68

0.01

6.38

0.02

1.96

D751194

Seize

0.44

110.84

0.01

0.08

0.09

1.74

D750197

Seize

0.10

95.55

0.02

1.43

0.53

1.66

D750195

Seize

0.33

15.65

0.07

2.21

1.77

1.60

D750083

Channel

0.81

32.15

0.01

1.63

0.12

1.57

D751251

Seize

1.27

12.39

0.11

0.02

0.02

1.53

D750552

Channel

0.02

32.45

0.24

0.04

2.82

1.51

D751948

Seize

0.11

53.19

0.01

3.48

0.07

1.49

D751993

Seize

1.20

10.66

0.03

0.35

0.17

1.48

D751116

Seize

1.27

14.42

0.00

0.01

0.01

1.44

D750553

Channel

0.02

25.81

0.22

0.06

2.82

1.42

D751115

Seize

0.05

44.66

0.02

0.95

2.03

1.40

D750607

Seize

0.68

44.82

0.00

0.75

0.03

1.36

D751941

Seize

0.35

28.01

0.06

0.64

1.54

1.34

D750095

Channel

0.06

50.63

0.07

1.56

0.93

1.32

D750093

Channel

0.02

43.65

0.15

0.65

1.65

1.31

D751159

Seize

0.54

28.12

0.03

1.93

0.03

1.31

D751599

Float

0.05

71.52

0.02

1.54

0.23

1.27

D750091

Channel

0.02

52.72

0.13

0.07

1.40

1.18

D751193

Seize

0.44

20.10

0.48

0.01

0.01

1.17

D750087

Channel

0.14

36.37

0.00

1.49

0.91

1.15

D751945

Seize

0.02

29.84

0.08

1.53

1.17

1.13

D751835

Chip

0.12

24.61

0.05

1.76

0.75

1.05

The Huge One property is located in a area that’s well-known for internet hosting world-class valuable steel and porphyry deposits, a number of of which happen close to the property together with the a number of porphyry programs at Galore Creek (12,159 million kilos of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), the world’s largest identified gold reserve at KSM (47.3 million ounces of gold, 160 million ounces of silver, 7.32 billion kilos of copper) and the polymetallic copper challenge at Shaft Creek (5 billion kilos of copper, 3.7 million ounces of gold, 16.4 million ounces of silver), in addition to the Brucejack high-grade epithermal gold deposit (14 million ounces of gold, 91.8 million ounces of silver), and the structurally managed high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these kinds of deposits as confirmed by the presence of in depth areas of propylitic alteration, untested geophysical anomalies, robust silt, soil and rock geochemistry, together with path finder components straight associated to porphyry programs, key constructions and textures, porphyry-style mineralization, and high-grade polymetallic veins, which have been found throughout the Huge One claims. Huge One Property Map

The Huge One property could be accessed year-round by way of helicopter from the Glenora/Telegraph Creek Street on the Barrington Mine (33 km to the north-northeast) and the Galore Creek Street (15 km to the southeast). The Canadian authorities dedicated $20 M to increase/enhance the Galore Creek Street inside 15 km of the Huge One property. The property is simply 2 km west of the Scud River airstrip used within the early days of Galore Creek.

The Huge One property exploration qualifies for the Important Mineral Exploration Tax Credit score (CMETC).

In regards to the B-ALL Syndicate

The B-ALL Syndicate is a extremely specialised geologic workforce of challenge turbines with a confirmed monitor document of success. The Syndicate is concentrated on unexplored areas of glacial and snowpack retreat, offering new alternatives for materials discovery in world-class geologic terrain. The B-ALL Syndicate is on monitor with discovery as demonstrated with Huge One and different properties generated by the J2 Syndicate that had been subsequently optioned out ensuing within the materials Surebet discovery with Goliath Sources. The B-ALL Syndicate workforce consists of lots of the similar J2 Syndicate members who’ve performed key roles from inception within the exploration groups for each Goliath Sources and Juggernaut Exploration and are answerable for a number of discoveries. Juggernaut Exploration has a big curiosity within the B-ALL Syndicate.

Huge One possibility

All funds are non-compulsory. Topic to receipt of all regulatory approvals, Juggernaut will decide to issuing 18,000,000 items on or earlier than April 2nd, 2027; the items may have a 5-year warrant issued at market value on April 2nd, 2027, to earn 49%. Juggernaut can elect to pay a further 18,000,000 items on or earlier than April 2nd, 2033; the items may have a 5-year warrant issued at market value to earn 80% of the Bigone property. Juggernaut can earn a further 20% curiosity within the Property (for a 100% curiosity ) by delivering to the B-All Syndicate, by April 2, 2034, a NI 43-101 technical report which incorporates an inferred useful resource calculation of gold equal mineral ounces of all minerals on the Property within the mixture; inside six months of the supply of the NI 43-101 report pay to the B-All Syndicate USD $1 million plus USD $1 for each gold equal ounce outlined within the NI 43-101 technical report. Juggernaut shall be required to supply an up to date NI 43-101 technical report on the Property each thirty-six (36) months commencing April 2, 2034. Juggernaut can pay the B-All Syndicate a money bonus of USD $1 for each extra gold equal ounce of gold within the inferred mineral useful resource class outlined by every NI 43-101 technical report produced on the Bigone Property. A royalty (“Royalty”) of three% of web smelter returns (“NSR”) and different returns from all manufacturing from the Property shall be payable to the B-All Syndicate, in money or in-kind (i.e., gold and different Minerals produced from the Property) on the possibility of the B-All Syndicate. Juggernaut may have the best and possibility to cut back the Royalty on Juggernaut’s curiosity within the Property from 3% to 2.5% by paying US$1,500,000 to the B-All Syndicate not later than April 2, 2032.

About CASERM (Heart To Advance The Science Of Exploration To Reclamation In Mining)

Juggernaut is a paying member and energetic supporter of CASERM, a company that represents a collaborative enterprise between the Colorado Faculty of Mines and Virginia Tech geared toward remodeling the best way that geoscience knowledge is used within the mineral useful resource business. Analysis focuses on the combination of various geoscience knowledge to enhance decision-making throughout the mine life cycle, starting with the exploration for subsurface sources and persevering with by way of mine operation in addition to closure and environmental remediation.

Certified Particular person

Tyler Punk, P. Geo is the certified particular person, as outlined by Nationwide Instrument 43-101, for Juggernaut Exploration tasks, and supervised the preparation of, and has reviewed and authorized, the technical info on this launch.

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of valuable metals tasks within the prolific Golden Triangle of northwestern British Columbia. Its tasks are in world-class geological settings and geopolitical protected jurisdictions amenable to mining in Canada. Juggernaut is a member and energetic supporter of CASERM, a company representing a collaborative enterprise between the Colorado Faculty of Mines and Virginia Tech. Juggernaut’s key strategic cornerstone shareholder is Crescat Capital.

For extra info, please contact:

Dan Stuart

President, Director, and Chief Government Officer

604-559-8028

data@juggernautexploration.com

www.juggernautexploration.com

Different

Seize, channels, chip and talus samples had been collected by foot with helicopter help. Potential areas included, however weren’t restricted to, proximity to MINFile places, placer creek occurrences, regional soil anomalies, and potential gossans primarily based on high-resolution satellite tv for pc imagery. The rock seize and chip samples had been extracted utilizing a rock hammer, or hammer and chisel to show recent surfaces and to liberate a pattern of anyplace between 0.5 to five.0 kilograms. All pattern websites had been flagged with biodegradable flagging tape and marked with the pattern quantity. All pattern websites had been recorded utilizing hand-held GPS items (accuracy 3-10 meters) and pattern ID, easting, northing, elevation, sort of pattern (outcrop, subcrop, float, talus, chip, seize, and so on.) and an outline of the rock had been recorded on all-weather paper. Samples had been then inserted in a clear plastic bag with a pattern tag for transport and transport to the geochemistry lab. QA/QC samples together with blanks, requirements, and duplicate samples had been inserted commonly into the pattern sequence at a price of 10%.

All samples are transported in rice luggage sealed with numbered safety tags. A transport firm takes them from the core shack to the Paragon Geochemical labs amenities in Surrey, BC or ALS labs amenities in North Vancouver, BC. Paragon Geochemical is licensed with each AC89-IAS and ISO/IEC Commonplace 17025:2017. ALS is both licensed to ISO 9001:2008 or accredited to ISO 17025:2005 in all of its places. Samples submitted to Paragon obtained gold and silver evaluation by photon assay whereby the complete pattern is crushed to roughly 70% passing 2 mm mesh. The complete crushed pattern is riffle cut up and weighed into a number of (300-500g) jars which are submitted for photon assay. Photon assay makes use of high-energy X-rays (photons) to excite atomic nuclei throughout the jarred samples, inflicting them to emit secondary gamma rays, that are measured to establish and quantify the metals current. The assays from all jars are mixed on a weight-averaged foundation. At ALS samples had been processed, dried, crushed, and pulverized earlier than evaluation utilizing the ME-MS61 and Au-SCR21 strategies. For the ME-MS61 methodology, a ready pattern is digested with perchloric, nitric, hydrofluoric, and hydrochloric acids. The residue is topped up with dilute hydrochloric acid and analyzed by inductively coupled plasma atomic emission spectrometry. Overlimits had been re-analyzed utilizing the ME-OG62 and Ag-GRA21 strategies (gravimetric end). For Au-SCR21 a big quantity of pattern is required (sometimes 1-3kg). The pattern is crushed and screened (normally to -106 micron) to separate coarse gold particles from fantastic materials. After screening, two aliquots of the fantastic fraction are analysed utilizing the standard hearth assay methodology. The fantastic fraction is predicted to be moderately homogenous and nicely represented by the duplicate analyses. The complete coarse fraction is assayed to find out the contribution of the coarse gold.

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

Sure disclosure on this launch could represent forward-looking statements which are topic to quite a few dangers and uncertainties referring to Juggernaut’s operations which will trigger future outcomes to vary materially from these expressed or implied by these forward-looking statements, together with its capacity to finish the contemplated non-public placement. Readers are cautioned to not place undue reliance 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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