- Jourdan Resources (JOR) has announced a non-brokered private placement for gross proceeds of up to $2,000,000
- The company will issue up to 40,000,000 units priced at $0.05 per unit
- The offering is expected to close on or about December 31, 2021
- Net proceeds will be used to fund exploration expenditures on the company’s Vallee, Pressiac, Lacorne and Baillarge lithium mining properties
- Jourdan Resources is a Canadian mining exploration company
- Jourdan Resources Inc. (JOR) opened trading at C$0.04 per share
Jourdan Resources (JOR) has announced a non-brokered private placement for gross proceeds of up to $2,000,000.
The company will issue up to 40,000,000 units priced at $0.05 per unit. Each unit, to be issued on a “flow-through basis”, will consist of one common share and one-half of one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of $0.08 for a period of 24 months.
The offering is expected to close on or about December 31, 2021. All securities issued will be subject to a statutory four-month hold period. Completion of the offering is subject to receipt of TSX Venture Exchange approval.
Net proceeds will be used to fund exploration expenditures on the company’s Vallee, Pressiac, Lacorne and Baillarge lithium mining properties and for general corporate purposes.
Jourdan Resources is a Canadian mining exploration company focused on the exploration, production, and development of mining properties.
Jourdan Resources Inc. (JOR) opened trading at C$0.04 per share.