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Accumulator


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Accumulator >  > JOR View modes: 
  • JOR

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    JOR funded and ready to start drilling in the new year............

    The new discovery is located 1 km east-southeast of Pivert/Rose Rare Metals property where recent work outlined significant quantities of the Rare Metals Lithium, Rubidium, Tantalum, Beryllium, Niobium and Gallium.

    There are 4 new northwest-southeast trending spodumene-bearing intrusives uncovered within an outcrop surface of 300 metres by 200 metres located 1 km east of First Gold Exploration's Pivert Showing.


    JOURDAN Assays Up to 1.88% Li2O
    Not far from
     
    NOVEMBER 3, 2010 ? LAVAL, QUEBEC - First Gold Exploration Inc. (TSX.V: EFG) (FSE: F12) (OTCQX: FGEXF) is pleased to announce the discovery of three new spudomene-bearing zones at its Lac Pivert/Rose project. Three new pegmatite dikes containing significant quantities of spudomene have been discovered approximately one kilometre southeast of the Pivert showing. The Helico showing has been traced over a distance of approximately 120 metres, the Pivert South showing over approximately 30 metres and the Pivert East zone over about 25 metres.

    Jourdan Completes Private Placements for Gross Proceeds of $1,486,250
    Jourdan Resources Inc JOR
    12/23/2010 7:01:21 AM
    MONTREAL, QUEBEC, Dec 23, 2010 (MARKETWIRE via COMTEX News Network) --

    Jourdan Resources Inc. ("Jourdan" or the "Corporation")(TSX VENTURE: JOR) announces the closing on December 23, 2010 of a brokered private placement led by Industrial Alliance Securities Inc. (the "Agent") for total gross proceeds of $1,250,500.05 (the "Placement"). Under the terms of this Placement, Jourdan issued a total of 6,000,000 flow-through shares (the "Flow-Through Shares") at a price of
    .20 per Flow-Through Share and 336,667 units (the "Units") at a price of
    .15 per Unit. Each Unit consists of one common share and one-half warrant (each whole warrant being a "Warrant"), each Warrant entitling the holder thereof the right to purchase one common share of Jourdan at the price of
    .20 per share for a period of 18 months expiring June 22, 2012.

    Under the Placement, Jourdan paid the Agent a cash commission of $106,292.05 and issued a total of 380,200 non-transferable broker warrants (the "Broker Warrants"). Each Broker Warrant entitles the holder thereof the right to purchase one common share of Jourdan at a price of
    .20 per share for a period of 18 months expiring June 22, 2012.

    Jourdan also announces the concurrent closing of a non brokered private placement for gross proceeds of $235,750 (the "Concurrent Placement"). In total, the Corporation issued an additional 1,571,668 Units at a price of
    .15 per Unit. Each Unit consists of one common share and one-half warrant (each whole warrant being a "Warrant"), each Warrant entitling the holder thereof the right to purchase one common share of Jourdan at the price of
    .20 per share for a period of 18 months expiring June 22, 2012. In connection with this private placement, Jourdan paid finder's fees in cash for a total of $3,600.

    The securities issued under the Placement and the Concurrent Placement will be subject to a four-month hold period expiring on April 23, 2011.

    About Jourdan Resources Inc.

    Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol JOR on the TSX Venture Exchange. The Company is focused on the acquisition, exploration, production, development and if, as the case may be, the operation of mining properties in strategic Uranium and Rare Metals or High Technology Metals ("HTM's") sectors of eastern Canada. The Company's properties are currently at the exploration stage along the Lower North Shore, the Mauricie and now the James Bay regions of Quebec.

    Please visit the Corporation's website at www.jourdan.ca.

    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.

    Contacts: Jourdan Resources Inc. Emilien Seguin President and CEO, Director 450-670-5224 514-787-1457 (FAX) Jourdan Resources Inc. Guy Girard VP Finance, Director 514-798-1290 514-787-1457 (FAX) www.jourdan.ca

    SOURCE: Jourdan Resources Inc.

    http://www.jourdan.ca



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