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Jourdan Announces Close of Private Placements for $200,000
Jourdan Announces Close of Private Placements for $200,000 NOT FOR DISTRIBUTION TO U.S. NEWS...
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":"\nJourdan Announces Close of Private Placements for $200,000\n\nJourdan Announces Close of Private Placements for $200,000\nNOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES\nVal d'Or, Quebec CANADA, December 21, 2012 /FSC/ - Jourdan Resources Inc. (JOR - TSX Venture), (\"Jourdan\" or the \"Company\") (www.jourdan.ca) is pleased to announce that it closed the final tranche of the private placement previously announced in its press releases of September 11, 2012. The Company has raised gross proceeds of $100,000 from the sale of 2,000,000 units (the \"Units\") at $0.05 per Unit. Each Unit consists of one common share of the Company (a \"Common Share\") and one-half of one share purchase warrant (each whole, being a \"Warrant\"). Each Warrant will entitle the holder to purchase one Common Share for a period of 12 month at an exercise price of $0.10 per share.\nThe Company also closed a flow-through private placement for gross proceeds of $100,000 from the sale of 2,000,000 flow-through common shares at $0.05 per share.\nAll securities issued in connection with this financing will be subject to a four-month hold period ending April 22, 2012. The private placement is subject to final approval by the TSX Venture Exchange.\nAbout Jourdan Resources\nJourdan 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, and development of mining properties in phosphates. The Company's properties are currently at the exploration stage and are located along the North Shore, the Mauricie, the Abitibi and James Bay regions of Quebec. \nPlease visit the Company's website at www.jourdan.ca \nFor further information please contact:\nMichael Dehn \nPresident and CEO \nTel: (647) 477-2382 \nFax: (647) 477-2389\[email protected] \nGlen Wylie, CMA\nCFO\nTel: (647) 477-3758\nFax: (647) 477-2389\[email protected] \nCautionary Note Regarding Forward-Looking Statements \nCertain statements contained in this news release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, may constitute forward-looking information (collectively \"forward-looking inf...