Mr. Rick Kusmirski reports

JNR ANNOUNCES PRIVATE PLACEMENT

JNR Resources Inc. has arranged a non-brokered private placement in the amount of $250,000, to be raised by issuing a total of 1,470,588 units at a price of 17 cents per unit.

Each unit will consist of one common share and a share purchase warrant, with each warrant exercisable into a common share for a period of two years after closing at an exercise price of 25 cents in the first 12 months and at an exercise price of 30 cents thereafter.

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 Saskatchewan.