JDF EXPLORATIONS INC. Corporate Management Update
Corporate Management Update Press Release VANCOUVER, BRITISH COLUMBIA - (August 28, 2019) – JDF EXPLORATIONS INC.
| ("JDF" or the "Company") | The Company announces the appointment of Mr. Gregory Michael Thomas |
| as its new CEO and President replacing Mr. Ravinder Pannu who has resigned from those positions but | |
| will remain on as a member of the Board of Directors. Mr. Thomas has 31 years of experience in the | |
| investment industry and mining exploration and development sector, he is currently the CEO of Regal | |
| Resources. |
The Company further announces that Mr. Thomas has also been appointed to the Board of Directors. He is a founder, Former director and officer of Black Bull Resources Inc. and former officer of Mansfield Minerals and Cathedral Gold Corp, all companies listed on the TSX.
JDF is please to also announce that it has closed on a private placement offering of an aggregate of $50,000 for the issuance of 1,666,666 common shares. The shares shall be subject to a four month plus one day hold period, no finder’s fees were payable. Proceeds from the placement will be used for General working capital.
ON BEHALF OF THE BOARD OF DIRECTORS
Derick Sinclair, CFO, Director 604.924.8000
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forwardlooking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.