22:02:50 EDT Wed 10 Jun 2026
Enter Symbol
or Name
USA
CA



JNR Resources Inc
Symbol JNN
Shares Issued 97,396,734
Close 2010-08-10 C$ 0.195
Market Cap C$ 18,992,363
Recent Sedar+ Documents

JNR Resources increases private placement to $400,095

2010-08-12 16:32 ET - News Release

Mr. Rick Kusmirski reports

JNR INCREASES PRIVATE PLACEMENT

Due to strong demand, JNR Resources Inc. has agreed to increase the private placement announced in Stockwatch on Aug. 3, 2010, to $400,095 from $250,000. This financing will be raised by the company issuing a total of 2,353,500 units at a price of 17 cents per unit, each unit consisting of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share for a period of two years at a price of 25 cents in the first 12 months and at a price of 30 cents thereafter.

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

The financing raised by way of the private placement will be used for exploration programs on the company's properties located in Saskatchewan and Newfoundland.

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