Jourdan Announces First Tranche Closing Of Private Placement For $200,000

May 10, 2013

Mississauga, Ontario CANADA, May 09, 2013 /FSC/ – Jourdan Resources Inc. (JOR – TSX Venture),(www.jourdan.ca) is pleased to announce that it closed the first tranche of a private placement (the “Private Placement”) of up to $2 million in either units (the “HC Units”) or flow-through units (the “FT Units”). The Company has raised gross proceeds of $200,000 from the sale of this first tranche of 4,000,000 FT Units at $0.05 per FT Unit.

Each FT Unit consists of one common share of the Company (a “Share”) issued on a flow-through basis and one-half of one Share purchase warrant (each whole, being an “FT Warrant”). Each FT Warrant will entitle the holder to purchase one Share for a period of 12 months at an exercise price of $0.10 per Share. Each HC Unit consists of one Share and one Share purchase warrant (a “HC Warrant”) at a price of $0.05 per HC Unit. Each HC Warrant will entitle the holder to purchase one Share for a period of 12 months at an exercise price of $0.10 per Share.

A finder’s fee of $18,000 will be payable in connection with the closing of this first tranche of the Private Placement to Marquest Capital Markets in accordance with TSX Venture Exchange policies.

All securities issued in connection with this first tranche of the Private Placement will be subject to a four-month hold period ending September 9, 2013. The Private Placement is subject to final approval by the TSX Venture Exchange.

http://www.jourdan.ca/press_releases.php