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Jourdan Announces Closing of Flow-Through Private Placement for $200,000

Jourdan Announces Closing of Flow-Through Private Placement for $200,000 NOT FOR DISTRIBUTIO...

articleConsolidated Lithium Metals IncDecember 27, 20125/company/consolidated-lithium-metals-inc/news/jourdan-announces-closing-of-flow-through-private-placement-for-dollar200000
Jourdan Announces Closing of Flow-Through Private Placement for $200,000

About this update from Consolidated Lithium Metals Inc

[{"type":"text","content":"\nJourdan Announces Closing of Flow-Through Private Placement for $200,000\n\nJourdan Announces Closing of Flow-Through Private Placement for $200,000\nNOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES\nVal d'Or, Quebec CANADA, December 27, 2012 /FSC/ - Jourdan Resources Inc. (JOR - TSX Venture), (\"Jourdan\" or the \"Company\") (www.jourdan.ca) is pleased to announce that it closed a private placement for gross proceeds of $200,000 from the sale of 3,333,334 units (the \"Units\") at $0.06 per Unit. Each Unit consists of one flow-through common share of the Company (a \"FT 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 18 month at an exercise price of $0.12 per share.\nA finder's fee of $16,000 will be payable in connection with the private placement in accordance with TSX Venture Exchange policies.\nAll securities issued in connection with this financing will be subject to a four-month hold period ending April 28, 2013. 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 http://www.jourdan.ca \nFor further information please contact:\nMichael Dehn \t\nPresident and CEO \t\nTel: (647) 477-2382  \t\nFax: (647) 477-2389 \[email protected]                                 \t\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 e...

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