JNR Resources Inc
SymbolJNN
Shares Issued89,996,734
Close 2009-10-22C$ 0.24
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JNR Resources arranges $2-million private placement

2009-10-22 18:51 ET - News Release

Mr. Rick Kusmirski reports

JNR ANNOUNCES PRIVATE PLACEMENT

JNR Resources Inc. is undertaking a non-brokered private placement in the amount of $2-million. These funds will be raised by the company issuing a total of eight million flow-through shares at a price of 25 cents per share.

Commissions will be payable in connection with the private placement, in accordance with TSX Venture Exchange policies. The private placement is subject to the approval of the TSX Venture Exchange.

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