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Jourdan Announces Granting of Stock Options

Share Capital & Compensation

NEWS RELEASE

JOURDAN ANNOUNCES GRANTING OF STOCK OPTIONS

Mississauga (Canada), May 31, 2017: JOURDAN RESOURCES INC. (TSX -V NEX:

JOR.H) (" Jourdan" or the " Company") The Corporation announces that the board of

directors of the Corporation has approved the grant of an aggregate of 2,500,000 options

(the "Options") to purchase common shares in the capital of the Company to certain

consultants, directors and officers of the Company. T he Options are exercisable at a price

of $0.17 per common share for a term of five years, until May 30, 2022. The issuance of the

options is subject to all necessary approvals by the TSX Venture Exchange.

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]

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 estimates 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

RESOURCES

RESSOURCES

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 associated cost of funds, final receipt

of any required approvals, sufficient working capital for development and operations, access

to adequate services and supplies, availability o f markets for products, commodity prices,

foreign 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 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 caution s

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 unde rtakes 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 stages of expl oration. 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 Ve nture 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.