JZR GOLD Announces Full Exercise of Warrants FOR Proceeds of $1.6 Million
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DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR
INTO THE UNITED STATES.
JZR GOLD INC.
October 31, 2025 TSXV: JZR
JZR GOLD ANNOUNCES FULL EXERCISE OF
WARRANTS FOR PROCEEDS OF $1.6 MILLION
Vancouver, British Columbia, Canada – JZR Gold Inc. (the “ Company” or “JZR”) (TSX-V: JZR)
is pleased to announce that it has received total proceeds of $1,600,000 from the exercise of 4,000,000
share purchase warrants (the “Warrants”) over the past week. The Warrants were issued in connection
with the Company’s private placement that closed in October 2023, and each Warrant was exercised into
one common share at a price of $0.40 per share . Pursuant to the exercise, an aggregate of 4,000,000
common shares were issued to the holders who exercised. The proceeds from the exercise of the
Warrants will be used for general working capital purposes.
For further information, please contact:
Robert Klenk
Chief Executive Officer
T: 604.329.9092
Forward-Looking Statements
This news release contains forward -looking statements, which includes any information about activities, events or
developments that the Company believes, expects or anticipates will or may occur in the future. Forward-looking statements
in this news relea se include statements with respect to the anticipated use of proceeds from the exercise of the Warrants .
Forward-looking information reflects the expectations or beliefs of management of the Company based on information
currently available to it. Forward-looking information is subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward -looking information. These factors include, but are not limited to: risks
associated with the business of the Company; business and economic conditions in the mineral exploration industry generally;
the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency
exchange rates; risks related to inaccurate geological and engineering assumptions; risks relating to unanticipated operational
difficulties (including failure of equipment or processes to operate in accordance with the specifications or expectations,
unavailability of materials and equip ment, government action or delays in the receipt of government approvals, industrial
disturbances or other job action and unanticipated events related to health, safety and environmental matters); risks related to
adverse weather conditions; geopolitical risk and social unrest; changes in general economic conditions or conditions in the
financial markets; and other risk factors as detailed from time to time in the Company’s continuous disclosure documents
filed with the Canadian securities regulators. The forward-looking information contained in this press release is expressly
qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward -looking
information, except as required by applicable securities laws.
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 press release.
None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities
Act”), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit
of, persons in the United States or “U.S. persons” (as such term is defined in Regulation S under the U.S. Securities Act)
absent registration or an exemption from such registration requirements. This news release shall not constitute an offer
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to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in
which such offer, solicitation or sale would be unlawful.