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JOURDAN ANNOUNCES CLOSING OF ACQUISITIONS AND INITIAL EXERCISE OF OPTION

By May 16, 2017February 23rd, 2021No Comments

Mississauga (Canada), May 16, 2017: JOURDAN RESOURCES INC. (TSX-V NEX: JOR.H) (“Jourdan” or the “Company“) is pleased to announce that it has closed the acquisition of a 100% interest in the Gigi and JF Claims located near the Quebec Lithium Mine, in exchange for (a) an aggregate of $30,000; and (b) an aggregate of 100,000 Jourdan common shares (each a “Share”), as previously announced on May 9, 2017.

Jourdan also completed the initial payments of $50,000 and 600,000 Shares pursuant to its option to acquire a 75% interest in Alix Resources Inc.’s Preissac-Lacorne Lithium Portfolio.

The Shares will be subject to a statutory hold period until September 16, 2017.

About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol JOR.H on the TSX Venture NEX Exchange. The Company is focused on the acquisition, exploration, production, and development of mining properties in lithium.

Please visit the Company’s website at www.jourdanresources.com

For further information please contact:

Michael Dehn
President and CEO

Tel: (647) 477-2382
Fax: (647) 477-2389
michael@jourdanresources.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. Statements in this release that are not historic facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking statement”.

 

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