JOR

Jourdan Acquires Key Claims Near Vallée and Preissac

Retrieved on: 
Tuesday, June 27, 2023

The six mineral claims comprising the First Acquisition total 81.29 hectares and were acquired to fill a gap in claim ownership within the Company’s current East Vallée property.

Key Points: 
  • The six mineral claims comprising the First Acquisition total 81.29 hectares and were acquired to fill a gap in claim ownership within the Company’s current East Vallée property.
  • The Company intends to add the newly acquired claims to its 2023 summer East Vallée exploration program.
  • Despite the location of the claims along the Vallée Lithium Trend, there is only one known drill hole on the acquired claims.
  • I am thrilled that we were able to secure additional claims covering the key strategic sections of the prolific Vallée Lithium Trend.

Jourdan Closes Second Tranche of Flow-Through Private Placement Financing

Retrieved on: 
Tuesday, June 27, 2023

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) --  JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its second tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for gross proceeds of $200,000 (the “Second Tranche”). For more information about the Offering and the first tranche closing (the “First Tranche”), please see the Company’s press release dated March 24, 2023 and June 12, 2023, respectively, which are available under the Company’s profile on SEDAR at www.sedar.com.

Key Points: 
  • TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its second tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for gross proceeds of $200,000 (the “Second Tranche”).
  • Pursuant to the Second Tranche, Jourdan issued 2,500,000 Flow-Through Shares at a price of $0.08 per share, each of which are subject to a statutory four month hold period, which expires on October 27, 2023.
  • Completion of the Offering (including the First Tranche and Second Tranche) is subject to receipt of final approval of the TSX Venture Exchange (“TSXV”).
  • In connection with the Second Tranche, Jourdan paid finder’s fees of $16,000 in cash and issued 200,000 non-transferable finder’s warrants (“Finder’s Warrants”) to Roche Securities Limited in accordance with TSXV policies.

Jourdan Announces Name Change to “Consolidated Lithium Metals Inc.”

Retrieved on: 
Friday, June 23, 2023

TORONTO, June 23, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (the “Company“) is pleased to announce that the Company has changed its name to “Consolidated Lithium Metals Inc.” (“Consolidated Lithium”).

Key Points: 
  • TORONTO, June 23, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (the “Company“) is pleased to announce that the Company has changed its name to “Consolidated Lithium Metals Inc.” (“Consolidated Lithium”).
  • The Company’s shareholders approved the name change, among other matters, at the Company’s annual and special meeting of shareholders held on June 13, 2023.
  • However, we are now focused on working with our neighbor, North American Lithium, to advance Jourdan to its next phase.
  • We wanted stakeholders to take note of this strategic shift through the name change,” said Rene Bharti, chief executive officer of Jourdan.

Jourdan Announces AGM Results

Retrieved on: 
Monday, June 19, 2023

TORONTO, June 19, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) reports that the nominees listed in the Management Information Circular dated May 11, 2023, (the “Circular”) for the 2023 Annual and Special Meeting of Shareholders of the Company (the “Meeting”) were elected as directors of the Company.

Key Points: 
  • TORONTO, June 19, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) reports that the nominees listed in the Management Information Circular dated May 11, 2023, (the “Circular”) for the 2023 Annual and Special Meeting of Shareholders of the Company (the “Meeting”) were elected as directors of the Company.
  • A total of 60.76% of all of the issued and outstanding shares of the Company were represented at the Meeting.
  • Detailed results of the vote for the election of directors held at the Meeting on June 13, 2023, in Toronto, Ontario are set out below.
  • The shareholders approved the election as directors of the persons listed below, based on the following vote.

Jourdan Closes First Tranche of Flow-Through Private Placement Financing

Retrieved on: 
Monday, June 12, 2023

TORONTO, June 12, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its first tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for gross proceeds of $500,000 (the “First Tranche”). For more information about the Offering, please see the Company’s press release dated March 24, 2023, which is available under the Company’s profile on SEDAR at www.sedar.com.

Key Points: 
  • For more information about the Offering, please see the Company’s press release dated March 24, 2023, which is available under the Company’s profile on SEDAR at www.sedar.com.
  • Pursuant to the First Tranche, Jourdan issued 6,250,000 Flow-Through Shares at a price of $0.08 per share, each of which are subject to a statutory four month hold period, which expires on October 13, 2023.
  • Completion of the Offering (including the First Tranche) is subject to receipt of final approval of the TSX Venture Exchange (“TSXV”).
  • In connection with the First Tranche, Jourdan paid finder’s fees of $40,000 in cash and issued 500,000 non-transferable finder’s warrants (“Finder’s Warrants”) to Roche Securities Ltd. in accordance with TSXV policies.

Jourdan Closes Final Tranche of Private Placement

Retrieved on: 
Thursday, June 1, 2023

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its second and final tranche of a previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.07 per Unit (the “Offering”) for gross proceeds of $631,034.74 (the “Final Tranche”). For more information on the Offering and the first tranche closing (the “First Tranche”), please see the Company’s press releases dated March 17, 2023 and April 21, 2023, respectively, which are available under the Company’s SEDAR profile at www.sedar.com.

Key Points: 
  • TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its second and final tranche of a previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.07 per Unit (the “Offering”) for gross proceeds of $631,034.74 (the “Final Tranche”).
  • Pursuant to the Final Tranche, Jourdan issued 9,014,782 Units at a price of $0.07 per Unit.
  • The securities issued in connection with the Final Tranche are subject to a statutory four month hold period, which expires on October 2, 2023.
  • Completion of the Offering (including the First Tranche and Final Tranche) is subject to receipt of final approval of the TSX Venture Exchange (“TSXV”).

Prime Minister Justin Trudeau Visits Sayona North American Lithium Complex

Retrieved on: 
Tuesday, April 11, 2023

TORONTO, April 11, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that Prime Minister Justin Trudeau toured North American Lithium Inc.’s (“NAL”) lithium complex on Monday, April 3, 2023.

Key Points: 
  • TORONTO, April 11, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that Prime Minister Justin Trudeau toured North American Lithium Inc.’s (“NAL”) lithium complex on Monday, April 3, 2023.
  • Mr. Trudeau met with Brett Lynch, Sayona’s CEO, and the Sayona team, in recognition of the NAL complex starting production, giving NAL the distinction of becoming Canada’s only lithium producer.
  • Mr. Lynch stated, “We were honoured to have Prime Minister Trudeau come and visit the operating NAL complex.
  • We are proud to have a joint venture with our neighbour North American Lithium, which owns the only operating lithium mine in Canada.

Jourdan Resources Appoints Richard Quesnel as Executive Chairman of the Board

Retrieved on: 
Monday, April 3, 2023

TORONTO, April 03, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA: 2JR1) (“Jourdan”, “Jourdan Resources”, or the “Company”) is pleased to announce the appointment of Mr. Richard Quesnel as its Executive Chairman, effective immediately.

Key Points: 
  • TORONTO, April 03, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA: 2JR1) (“Jourdan”, “Jourdan Resources”, or the “Company”) is pleased to announce the appointment of Mr. Richard Quesnel as its Executive Chairman, effective immediately.
  • Mr. Quesnel served for over 5 years as President and Chief Executive Officer of Consolidated Thompson Iron Mines of Montreal.
  • Mr. Quesnel stated, “I am thrilled to be joining a seasoned management and technical team at Jourdan Resources.
  • In addition, the Company announces that it has granted 3,600,000 stock options to Richard Quesnel pursuant to the Company’s stock option plan.

Jourdan Intersects 0.82% Li2O over 8 m at Vallée

Retrieved on: 
Tuesday, March 21, 2023

Results from the final thirteen holes have been received following the results of 19 holes disclosed in the Company’s previous news releases dated January 28, 2023 and February 15, 2023.

Key Points: 
  • Results from the final thirteen holes have been received following the results of 19 holes disclosed in the Company’s previous news releases dated January 28, 2023 and February 15, 2023.
  • These final assay results confirm that the lithium-bearing pegmatite system at Vallée remains open for expansion to the east along strike, down-dip and to the south of the 2021 and 2022 drill holes.
  • “I am excited by the results of the 2022 drill program at Vallée,” said Jourdan’s President and CEO, Rene Bharti.
  • Highlights from this batch of samples was from the bottom half of hole VAL22-8-5, which encountered 0.82% Li2O over 8 m from 125.0 to 133.0 m. Previously, the Company announced in its February 15, 2023 news release that an intersection from the top half of hole VAL-22-8-5 intersected 13.6 m of 0.50% Li2O from 89.0 m to 102.6 m (see Jourdan news release dated February 15, 2023).

Jourdan To Drill Baillargé Extensively

Retrieved on: 
Thursday, March 16, 2023

TORONTO, March 16, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce details of its planned summer exploration program on its Baillargé project.

Key Points: 
  • TORONTO, March 16, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce details of its planned summer exploration program on its Baillargé project.
  • Jourdan applied for and has obtained permits for 20 drillhole sites, which are intended to test the four different pegmatites with known spodumene occurrences.
  • Soil sampling over the Baillargé property (Figure 1) indicated anomalies in the vicinity of the outcrops, namely just south of Lac Baillargé.
  • “We intend to embark on an extensive exploration program at Baillargé”, said Dr. Andy Rompel, executive chairman of Jourdan, “as we see similar potential to our flagship Vallée project with its highly prolific pegmatite swarm.