Jordan Resources Announces Closing of Baillargé North Acquisition and Starts Trading IN Germany
NEWS RELEASE
JORDAN RESOURCES ANNOUNCES CLOSING OF BAILLARGÉ NORTH
ACQUISITION AND STARTS TRADING IN GERMANY
Mississauga (Canada), August 2 4, 2017: JOURDAN RESOURCES INC. (TSX -V : JOR ,
Stuttgart: 2JR1) is pleased to announce it has closed the previously announced acquisition
(the "Acquisition") of 10320781 Canada Inc. (" 10320781"), which owns a 100% legal
interest in the Baillargé North property (the “Property”), subject to a 1% net smelter return.
Jourdan paid $50,000 in cash and issued an aggregate of 5 ,000,000 common shares
("Acquisition Shares") on August 21, 2017 in exchange for all of the outstanding shares of
10320781. For additional information regarding the Property please refer to the
Company's news release of August 10, 2017, a copy of which is available on the
Company's SEDAR profile at www.sedar.com.
Completion of the Acquisition is subject to the final acceptance of the TSX Venture
Exchange.
Jourdan is also pleased to announce that the company is now listed for trading on the
Stuttgart Stock Exchange in Germany (Stuttgart Boerse) under the symbol 2JR1 (on some
trading platforms 2JR, with a WKN A12DWV and ISIN CA4809014042 ). Jourdan is
expected to be quoted on other German Stock Exchanges in the coming weeks. For more
information on the stock price in Germany please visit the links below.
https://www.boerse-stuttgart.de/en/Jourdan-Resources-stock-CA4809014042
About Jourdan Resources
Jourdan Resources Inc. is a Canadian junior mining exploration c ompany trading under
the symbol JOR.H on the TSX Venture NEX Exchange. The Company is focused on the
acquisition, exploration, production, and development of mining properties in lithium.
Please visit the Company’s website at www.jourdanresources.com
For further information please contact:
Michael Dehn
President and CEO
Tel: (647) 477-2382
Fax: (647) 477-2389
RESOURCES
RESSOURCES
Cautionary Note Regarding Forward-Looking Statements
Certain 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 expectations or esti mates of future performance, may
constitute forward-looking information (collectively "forward-looking information") within the
meaning of Canadian securities laws. Forward -looking information may be identified by
terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe",
"intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions
concerning matters that are not historical facts and include, but are not limited to, resource
estimates, capital and operating expenditures, economic conditions, availability of
sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all
other timing, development, operational, financial, economic, legal, regulatory and/or
political factors that may influence future events or conditions. Such forward -looking
statements are based on a number of material factors and assumptions, including, but not
limited to, access to capital markets and other sources of financing and associ ated cost of
funds, final receipt of any required approvals, sufficient working capital for development
and operations, access to adequate services and supplies, availability of markets for
products, commodity prices, foreign currency exchange rates, inter est rates, availability of
a qualified work force, availability of manufacturing equipment, no material changes to the
tax and regulatory regime, the ultimate ability to execute business plans on economically
favourable terms and those material factors and assumptions disclosed in other public
filings of Jourdan Resources.
While we consider these assumptions to be reasonable based on information currently
available to us, they may prove to be incorrect. Actual results may vary from such forward -
looking inf ormation for a variety of reasons, including but not limited to, risks and
uncertainties disclosed in other public Jourdan Resources filings, changes in general
economic, market and business conditions, competition for, among other things, capital
and skilled personnel, and other unforeseen events or circumstances, that may cause the
actual financial results, performance or achievements of the Company to be materially
different from estimated future results, performance or achievements expressed or implied
by the forward-looking statements. Copies of the Company's public filings under applicable
Canadian securities laws are available at www.sedar.com. The Company further cautions
that information contained on, or accessible through, this website is current only as of the
date of filing such information and may be superseded by subsequent events or filings.
Other than as required by law, Jourdan Resources does not intend, and undertakes no
obligation, to update any forward looking information to reflect, amon g other things, new
information or future events.
Although the Company believes many of its properties have promising potential, its
properties are in the early stages of exploration. None have yet been shown to contain
proven or probable mineral reserves . There can be no assurance that such reserves will
be identified on any property, or that, if identified, any mineralization may be economically
extracted.
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 statement.