- Jourdan (JOR) has announced a $3,000,000 non-brokered private placement
- The company intends to use the net proceeds for working capital and general corporate purposes
- The offering is priced at $0.07 per unit and is slated to close on or about April 15, 2023
- Jourdan Resources is a Canadian junior mining exploration company based in Quebec
- Jourdan (JOR) last traded at $0.07 per share
Jourdan (JOR) has announced a $3,000,000 non-brokered private placement.
The company intends to use the net proceeds for working capital and general corporate purposes.
The best-efforts financing will involve up to 42,857,143 units priced at $0.07 each.
Each unit consists of one common share and one-half of one common share purchase warrant.
Each warrant entitles the holder to acquire one additional common share for $0.10 for 24 months from issuance.
The offering is slated to close on or about April 15, 2023.
All securities issued will be subject to a statutory hold period of four months and one day.
Jourdan Resources is a Canadian junior mining exploration company. Its properties are in Quebec, primarily in the spodumene-bearing pegmatites of the La Corne Batholith near North American Lithium’s Quebec Lithium Mine.
Jourdan (JOR) last traded at $0.07 per share.