Mr. Robert Klenk reports

JZR GOLD ANNOUNCES FULL EXERCISE OF WARRANTS FOR PROCEEDS OF $1.6 MILLION

JZR Gold Inc. has received total proceeds of $1.6-million from the exercise of four million share purchase warrants over the past week. The warrants were issued in connection with the company's private placement that closed in October, 2023, and each warrant was exercised into one common share at a price of 40 cents per share. Pursuant to the exercise, an aggregate of four million common shares were issued to the holders who exercised. The proceeds from the exercise of the warrants will be used for general working capital purposes.

We seek Safe Harbor.