Mr. Rick Kusmirski reports

JNR ANNOUNCES PRIVATE PLACEMENT

JNR Resources Inc. is undertaking a non-brokered private placement in the amount of $600,000. These finances will be raised by the company issuing a total of six million units at a price of 10 cents per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each full warrant is exercisable for 18 months from closing into one common share at 15 cents per share. Commissions will be payable in connection with the private placement, in accordance with TSX Venture Exchange policies. Additionally, finders warrants exercisable into common shares of JNR may be issued in an amount up to 6 per cent of the number of units sold under this private placement.

The private placement is subject to the approval of the TSX Venture Exchange.