Jourdan Announces $3,000,000 Private Placement Financing

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TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) announces that it intends to complete a best efforts non-brokered private placement financing of up to 42,857,143 units (each, a “Unit”) at a price of $0.07 per Unit for gross proceeds of up to $3,000,000 (the “Offering”). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.10 for a period of 24 months from issuance.

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