- Jourdan Resources (JOR) has announced a non-brokered private placement for gross proceeds of up to $2 million
- The company will issue up to 12,500,000 units and 10,000,000 flow-through common shares
- The offering is expected to close on or about July 15, 2022
- Jourdan Resources is a junior mining exploration company operating in Quebec
- Jourdan Resources Inc. (JOR) opened trading at C$0.08 per share
Jourdan Resources (JOR) has announced a non-brokered private placement for gross proceeds of up to $2 million.
The company will issue up to 12,500,000 units and 10,000,000 flow-through common shares. Each unit will consist of one common share and one share purchase warrant. Each warrant entitles the holder to acquire one additional common share for 24 months.
The offering is expected to close on or about July 15, 2022.
All securities issued will be subject to a statutory four-month hold period. Completion of the offering is subject to TSXV approval.
Net proceeds from the offering will be used for working capital and general corporate purposes and to fund exploration expenditures on its Vallee, Preissac – La Corne and Baillarge lithium mining properties.
Jourdan Resources Inc. is a Canadian mining exploration company focused on the exploration and development of mining properties in Quebec.
Jourdan Resources Inc. (JOR) opened trading at C$0.08.