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Jourdan Announces Closing of Acquisitions and Initial Exercise of Option

Mergers & Acquisitions Property Options & Staking

NEWS RELEASE

Jourdan Announces Closing of Acquisitions and Initial Exercise of

Option

Mississauga (Canada), May 16, 2017: JOURDAN RESOURCES INC. (TSX -V NEX:

JOR.H) (" Jourdan" or the " Company") is pleased to announce that it has closed the

acquisition of a 100% interest in the Gigi and JF Claims located near the Quebec Lithium

Mine, in exchange for (a) an aggregate of $30,000; and (b) an aggregate of 100,000

Jourdan common shares (each a “Share”), as previously announced on May 9, 2017.

Jourdan also compl eted the initial payments of $50,000 and 600,000 Shares pursuant to

its option to acquire a 75% interest in Alix Resources Inc.’s Preissac -Lacorne Lithium

Portfolio.

The Shares will be subject to a statutory hold period until September 16, 2017.

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

[email protected]

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 re lease. 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.

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