Jourdan Secures $4 Million Firm Commitment and $6 Million Option from North American Lithium to Explore Vallée Lithium Project

TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that North American Lithium Inc. (“NAL”), a subsidiary of Sayona Mining Limited (ASX: SYA; OTCQB: SYAXF) (“Sayona”), which recently entered into an earn-in and joint venture agreement with Jourdan (the Earn-in Agreement”), has deposited C$4 million (the “Escrow Amount”) into an escrow account pursuant to an escrow agreement entered into among Jourdan, Sayona and TMX Trust Company (the “Escrow Agreement”). For more information about the Earn-in Agreement, please see the Company’s press release dated November 14, 2022, which is available under the Company’s SEDAR profile at www.sedar.com.

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