Jourdan Closes Second Tranche of Private Placement

Jourdan Closes Second Tranche of Private Placement

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Montreal, Quebec CANADA, January 20, 2012 /FSC/ - Jourdan Resources Inc. (JOR - TSX Venture),is pleased to announce today that it has raised an additional $200,000 by completing the second and last closing of its Private Placement which was previously announced on December 12, 2011. The Company has issued 200 non-flow through units ("HC Units"), to qualified investors in connection with the second closing.

Jourdan's President and CEO Michael Dehn commented, "We are very pleased to have raised a combined $1,250,000 under the current Private Placement in difficult market conditions."

Each HC Unit is comprised of 10,000 common shares and 5,000 common share purchase warrants (the "HC Warrants"). Each FT warrant entitles the holder to purchase one additional common share at a price of $0.25 and each HC warrant entitles the holder to purchase one additional common share at a price of $0.20 on or before July 20, 2013.

The net proceeds from the private placement will be used for working capital purposes.

The securities issued by Jourdan under the private placement are subject to a four-month hold period expiring on May 21, 2012, in accordance with applicable securities laws. The private placement is subject to final regulatory approval from the TSX Venture Exchange.


About Jourdan Resources

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, and development of mining properties in phosphates and Rare Metals or High Technology Metals ("HTMs") sectors of eastern Canada. 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.


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


For further information please contact:

Michael Dehn
President and CEO
Tel: (647) 477-2382
Fax: (647) 477-2389
michael@jourdan.ca

Guy Girard,
VP Finance
Tel: (514) 798-1290
Fax: (514) 787-1457
info@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.

Statements in this release that are not historic facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking statements.


To view this press release as a web page, click onto the link below:
http://www.usetdas.com/pr/jourdan01202012.htm



Source: Jourdan Resources Inc. (TSXV: JOR)  http://www.jourdan.ca
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