Stan Bharti Acquires Securities of Jourdan Resources Inc.
02 Agosto 2022 - 9:00PM
On July 29, 2022, Stan Bharti acquired an aggregate of 5,000,000
flow-through common shares at a price of $0.10 per share and
6,250,000 units (each, a “
Unit”) at a price of
$0.10 per Unit of Jourdan Resources Inc. (the
“
Company“) (
TSX-V: JOR) pursuant
to a flow-through and unit private placement financing for an
aggregate cost of $1,000,000. Each Unit consists of one common
share of the Company (each, a “
Common
Share”) and one Common Share purchase warrant
(each, a “
Warrant”). Each Warrant entitles Mr.
Bharti to acquire one additional Common Share at an exercise price
of $0.10 for a period of 24 months from issuance. Prior to the
acquisition of the aforesaid securities, Mr. Bharti owned
20,000,000 Common Shares and 10,000,000 Warrants. As a result of
this transaction, Mr. Bharti now owns 31,2500,000 Common Shares and
16,250,000 Warrants, which represent approximately 15.33% of the
outstanding Common Shares on a non-diluted basis and 21.58% on a
partially-diluted basis.
Mr. Bharti acquired the Common Shares for
investment purposes. Mr. Bharti may acquire additional securities
of the Company in the future, may dispose of some or all of the
securities or may continue to hold his current position.
A copy of the early warning report filed in
respect of the transaction described above is available under the
Company’s profile on SEDAR at www.sedar.com.
For further information or to request a copy of the early
warning report please contact:
Stan Bharti198 Davenport RoadToronto, OntarioM5R
1J2(416) 861-1685
THE TSX VENTURE EXCHANGE HAS NOT
REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OF
THIS RELEASE.
Jourdan Resources (TSXV:JOR)
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