JNR Increases Private Placement
17 Julio 2009 - 5:56PM
Marketwired Canada
NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES.
Mr. Richard Kusmirski, President of JNR Resources Inc. (TSX VENTURE:JNN)
announces that due to strong demand, JNR has agreed to increase the financing
announced on July 14, 2009 by $125,000 to $325,000. These funds will be raised
by the Company issuing a total of 1,300,000 flow-through shares at a price of
$0.25 per share. The offering is fully subscribed.
Commissions will be payable in connection with the private placement, in
accordance with TSX Venture Exchange policies. The private placement is subject
to the approval of the TSX Venture Exchange.
The funds raised by way of the private placement will be used for exploration
programs on the Company's properties located in Newfoundland.
JNR is a junior resource company currently engaged in the exploration and
development of mineral properties in the provinces of Saskatchewan and
Newfoundland. The Company has a varied interest in several prospective uranium
properties in the Athabasca Basin of northern Saskatchewan.
ON BEHALF OF THE BOARD
Rick Kusmirski, President & CEO
Jnr Resources Inc. (TSXV:JNN)
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