Mississauga, Ontario (FSCwire) - JOURDAN RESOURCES INC. (TSX-V : JOR, Stuttgart: 2JR1) is pleased to announce it has closed the previously announced acquisition (the "Acquisition") of 10320781 Canada Inc. ("10320781"), which owns a 100% legal interest in the Baillargé North property (the “Property”), subject to a 1% net smelter return.
Jourdan paid $50,000 in cash and issued an aggregate of 5,000,000 common shares ("Acquisition Shares") on August 21, 2017 in exchange for all of the outstanding shares of 10320781. For additional information regarding the Property please refer to the Company's news release of August 10, 2017, a copy of which is available on the Company's SEDAR profile at www.sedar.com.
Completion of the Acquisition is subject to the final acceptance of the TSX Venture Exchange.
Jourdan is also pleased to announce that the company is now listed for trading on the Stuttgart Stock Exchange in Germany (Stuttgart Boerse) under the symbol 2JR1 (on some trading platforms 2JR, with a WKN A12DWV and ISIN CA4809014042). Jourdan is expected to be quoted on other German Stock Exchanges in the coming weeks. For more information on the stock price in Germany please visit the links below.
https://www.boerse-stuttgart.de/en/Jourdan-Resources-stock-CA4809014042
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