Jourdan Completes Private Placements for Gross Proceeds of $538,888
30 Dezembro 2010 - 5:03PM
Marketwired
Jourdan Resources Inc. ("Jourdan" or the "Corporation")(TSX
VENTURE: JOR) announces the closing on December 30, 2010 of a non
brokered private placement for total gross proceeds of $388,888.80
(the "Placement"). Jourdan issued a total of 1,750,000 flow-through
shares at a price of $0.20 per flow-through share and 194,444
common shares at a price of $0.20 per common share. In connection
with this private placement, Jourdan paid finder's fees in cash for
a total of $31,111.10.
Jourdan also announces the concurrent closing of a private
placement with an institutional fund for total gross proceeds of
$150,000 (the "Concurrent Placement"). In total, the Corporation
issued an additional 750,000 flow-through shares at a price of
$0.20 per flow-through share.
The securities issued under the Placement and the Concurrent
Placement will be subject to a four-month hold period expiring on
May 1, 2011. The gross proceeds from these private placements will
be used for exploration and development of the Company's Quebec
properties.
About Jourdan Resources Inc.
Jourdan Resources Inc. is a Canadian junior mining exploration
company trading under the symbol JOR on the TSX Venture Exchange.
The Corporation is focused on the acquisition, exploration,
production, development and if, as the case may be, the operation
of mining properties in strategic Uranium and Rare Metals or High
Technology Metals ("HTM's") sectors of eastern Canada. The
Corporation's properties are currently at the exploration stage
along the Lower North Shore, the Mauricie and now the James Bay
regions of Quebec.
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.
Contacts: Jourdan Resources Inc. Emilien Seguin President and
CEO, Director 450-670-5224 514-787-1457 (FAX) Jourdan Resources
Inc. Guy Girard VP Finance, Director 514-798-1290 514-787-1457
(FAX) www.jourdan.ca
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