Jourdan Acquires LA Corne Property Package Near Quebec Lithium MINE
NEWS RELEASE
JOURDAN ACQUIRES LA CORNE PROPERTY PACKAGE NEAR
QUEBEC LITHIUM MINE
Mississauga (Canada), May 1, 2017: JO URDAN RESOURCES I NC. (TSX-V NEX:
JOR.H) ("Jourdan" or the " Company") is pleased to announce that it has negotiated an
option agreement with a prospector in Quebec for a portfolio of claims, the La Corne
Property Package (the “Package”).
The Package includes seven claims covering 346 hectares and 6 pending claims covering
85 hectares. The 6 pending claims are conti guous to the north boundary of the Quebec
Lithium mine, owned by North American Lithiu m. Of the seven claims acquired, one in
contiguous with Jourdan’s Vallee Lithium Property, three are connected Jourdan Baillarge
Lithium-Molybdenum Property, and three are cent red three kilometres due west of the
Quebec Lithium mine.
Micheal Dehn, CEO of Jourdan states: "As J ourdan prepares to work on its 100% owned
Vallee Lithium and Baillarge Lithium-Molybdenum properties, the company looked to
consolidate claims adjacent to its current pr operties, and by completing this transaction
we are able to do so as well as acquire some other properties in proximity to the Quebec
Lithium Mine."
To acquire a 100% interest in the Lacor ne Property Package, Jourdan Resources will
make a cash payments totaling $20,000. The prospector will retain a 2% NSR in the
property package.
RESOURCES
RESSOURCES
Map 1. Jourdan Resources Pr operties and North Americ an Lithium’s Quebec Lithium
Mine Property
About Jourdan Resources
Jourdan Resources Inc. is a Canadian junior mining exploration company 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
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news rel ease, including any information as to our
strategy, projects, plans or future financial or operating performance and other statements
that express management's expectations or estimates of future performance, may
constitute forward-looking information (collectively "forward-looking information") within the
meaning of Canadian securities laws. Forward-looking inform ation 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 fa cts 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, oper ational, financial, economic, legal,
regulatory and/or political fact ors that may influence future events or conditions. Such
forward-looking statements ar e based on a number of materi al factors and assumptions,
including, but not limited to, access to capita l markets and other sources of financing and
associated cost of funds, final receipt of any required approvals, sufficient working capital
for development and operations, access to adequat e services and supplies, availability of
markets for products, commodity prices, forei gn currency exchange rates, interest 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 information for a variety of reas ons, including but not limited to, risks and
uncertainties disclosed in other public J ourdan Resources filings , changes in general
economic, market and business conditions, competition fo r, among other things, capital
and skilled personnel, and other unfor eseen events or circumstances, that may cause the
actual financial results, performance or ac hievements 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 av ailable at www.seda r.com. The Company
further cautions that information contained on, or accessible through, this website is
current only as of the date of filing su ch information and may be superseded by
subsequent events or filings. Other than as r equired by law, Jourdan Resources does not
intend, and undertakes no obligation, to update any forward looking information to reflect,
among other things, new information or future events.
Although the Company believes many of its properties have promising potential, its
properties are in the early st ages of exploration. None have yet been shown to contain
proven or probable mineral reserves. There c an be no assurance that such reserves will
be identified on any property, or that, if identified, any mi neralization may be economically
extracted.
Neither the TSX Venture Excha nge nor its Regulation Services Provider (as that term is
defined in the policies of t he TSX Venture Exchange) acc epts responsibility for the
adequacy or accuracy of this releas e. 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”.