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Jourdan Announces Closing of Private Placement for $95,000
Jourdan Announces Closing of Private Placement for $95,000 NOT FOR DISTRIBUTION TO U.S. NEW...
About this update from Consolidated Lithium Metals Inc
[{"type":"text","content":"Jourdan Announces Closing of Private Placement for $95,000Jourdan Announces Closing of Private Placement for $95,000\n\nNOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES\n\nVal d'Or, Quebec CANADA, December 19, 2013 /FSC/ - Jourdan Resources Inc. (JOR - TSX Venture), (\"Jourdan\" or the \"Company\") (www.jourdan.ca) is pleased to announce that it closed a private placement of 9,500 flow-through units (the \"FT Units\") at $10per FT Unit for aggregate gross proceeds of $95,000 in (the \"Private Placement\").  A second closing is expected prior to year end.\n\nEach FT Unit consists of one hundred and sixty (160) common shares of the Company (each a \"Share\") issued on a flow-through basis and forty (40) common shares issued on a non-flow-through basis, as well as two hundred (200) Share purchase warrants (each whole being a \"FT Warrant\").  Each FT Warrant will entitle the holder to purchase one Share for a period of 30 months at an exercise price of $0.10 per Share. \n\nA cash compensation of $3,800 has been paid and 171,000 compensation options, entitling the holder to purchase one (1) Share for a period of 30 months at an exercise price of $0.10 per Share, have been issued as finder's fees in connection with the closing of this Private Placement.\n\nAll securities issued in connection with this Private Placement are subject to a four-month and a day hold period ending April 20, 2014.  The Private Placement is subject to final approval by the TSX Venture Exchange.\n\nAbout Jourdan Resources\n\nJourdan Resources Inc. is a Canadian junior mining exploration company focused on phosphate.  We continually strive to maximize shareholder value by targeting the highest quality phosphate projects with a professional and highly experienced management team.  Our approach combines creativity, experience, and technical expertise with tenacity and determination to advance existing projects while always being prepared to take advantage of new opportunities that can add value for our shareholders.  We are committed to conducting ourselves in an open, professional, and responsible manner, while always remaining available to all shareholders.  Our goal is to become the dominant phosphate miner in North America.\n\nJourdan Resources Inc. is a Cana...