Mr. Rick Kusmirski reports

JNR ANNOUNCES CLOSING OF PRIVATE PLACEMENT

JNR Resources Inc. has closed its private placement totalling $825,000. These funds were raised through the issue by JNR of 6.5 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. In addition, 1.75 million flow-through shares were issued at a price of 10 cents per share.

A commission of $48,000 and 480,000 broker warrants entitling the holder to acquire one common share at an exercise price of 15 cents for a period of 18 months from the date of issuance was paid to Toll Cross Securities Inc. as consideration for arranging a portion of the private placement.

The shares issued pursuant to the private placement are subject to a hold period expiring Sept. 2, 2012.

The funds raised by way of the private placement will be used for exploration programs on JNR's properties located in Northern Saskatchewan.