MISSISSAUGA, ON, June 13, 2018 /CNW/ - JOURDAN RESOURCES INC. (the
"Corporation") (TSX-V: JOR) is pleased to announce that its
shareholders (the "Shareholders") have voted today at the
annual and special meeting of Shareholders (the "Meeting")
in favour of all matters put to Shareholders at the Meeting.
In addition, the board of directors of the Corporation granted
2,450,000 incentive stock options to directors, officers and
consultants of the Corporation, subject to TSX Venture Exchange
approval. The options will have a term of 5 years, expiring
on June 12, 2023. Each option will allow the holder to
purchase one common share (each a "Share") in the
Corporation at a price of $0.08. All options issued will be
subject to a four month hold.
Lastly, further to its June 12,
2018 press release, the Corporation omitted to mention that
a $750 finder was paid pursuant to
the Offering, and inadvertently indicated that it issued 8,870,000
FT Shares instead of 8,870,000 flow-through units (each a "FT
Unit") of the Corporation at a price of $0.075 per FT Unit. Each FT Unit consisted of one
common shares issued on a "CEE flow-through" basis pursuant to the
Income Tax Act (Canada) and one
Share purchase warrant (a "Warrant"). Each Warrant will
entitle the holder to acquire one Share at an exercise price of
$0.10 per Share until June 12, 2020.
About Jourdan Resources
Jourdan Resources Inc. is a Canadian junior mining exploration
company trading under the symbol JOR on the TSX Venture Exchange
and 2JR1 on the Stuttgart Stock Exchange. The Company is focused on
the acquisition, exploration, production, and development of mining
properties in lithium. The company's properties are primarily in
spodumene bearing pegmatite rich La Corne Batholith, around North
American Lithium's producing Quebec Lithium Mine.
Please visit the Company's website at
www.jourdanresources.com
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 release.
SOURCE Jourdan Resources Inc.
