Jourdan Resources

Lithium is very much in the news. The immense possibilities of the electric vehicle revolution with its endless appetite for Lithium Ion batteries have crews drilling lithium-bearing brines and looking at hard rock lithium deposits very seriously.

For a company like Jourdan Resources (V.JOR), with a twenty-year history and 20,000 shareholders, lithium is certainly attractive. However, CEO Michael Dehn, is taking a very business-like, “show me the money”, approach to lithium’s potential.

“We had property on the east side of North American Lithium’s producing Quebec Lithium Mine,” said Dehn. “We’ve built up our property position and now hold land which pretty much surrounds NAL.”

In 2011 Jourdan completed a 21 hole drilling program on its property and in the summer of 2017 the company relogged and sampled previously untested drill core. The results were reported in an October 13, 2017, press release in which Dehn is quoted as saying, “I am very pleased with the grades encountered east of the Quebec Lithium Mine on Jourdan’s 100% controlled Vallee Lithium property. All results are within 2000m of the open pit plan of the Quebec Lithium Mine, and projecting the zones from the Mine on surface towards the Vallee Lithium property suggest that additional targets exist south of the significant mineralization identified to date on the property”.

“Compiling the old data was important, but we also had new targets and made new discoveries,” said Dehn. “Some of the historic targets were drilled nearly seventy years ago.”

Exploration is important but, in a dollars and cents approach to the property, so is mining and selling the resource.

“Basically we can dig pits,” said Dehn. “What we are looking for is within 100 meters of surface. You drill, blast and truck the material away.”

“Right now industrial lithium is undersupplied. Things like lab glass and headlights use lithium,” said Dehn. “We’re in discussions about our current spodumene rock as we as sub spec spodumene from a current producer that we feel we can upgrade with a technical partner. This is sub spec spodumene, is a “dirty” material which we feel can be upgraded to technical grade at an existing facility on a small scale. If we can source 200 tonnes of sub spec spodumene we should end up with 100 tons of finished technical grade material.”

For Jourdan to go into limited production would be relatively straightforward. “We’d look at small-scale production from multiple deposits No more than 600,000 tons per year although our end goal is 1.2 million tonnes of ore,” said Dehn. “And we’re in talks with a fully permitted mill where we would look to do joint production.”

“We would look to use dense media separation at the quarry site. It would be about a million dollars for the separator. That should be able to double grades from any pits and then we would mill 600 tonnes per day to 6% Li2O as a spodumene concentrate. That would sell for $900 US per tonne,” said Dehn. “That could generate be $180,000 US per day that should provide a very reasonable positive cash flow.”

“Our end product would not be used for batteries. But it might be further upgraded by another company,” said Dehn. “However, our end product can be used for the technical lithium applications and technical lithium runs around $2000 US a ton.”

“So we are strong on the geology and on the tech, now we need funding,” said Dehn. “We’re looking overseas for funding. Institutions from Europe and Asia, and from the US. We want to raise 2 million immediately and then raise 5 million to open a mill and construct a quarry. We expect to have that in place in Q2 2018.”

“We don’t expect to do a pre-feasibility for six months,” said Dehn. “We still have drilling to do. And we are keeping our milling cost quiet. We may buy a mill from another public company.”

While other lithium explorers are still very much at the drilling stage, Dehn is looking closely at what his company can do with a resource they know is on their property. Dehn is perfectly aware of the potential demand hordes of electric cars will create for lithium, but he is also aware that this is not the only market for the resource he believes the company has at Vallee Lithium.

“We’re friends with North American Lithium. In fact, their plant is actually a little bit on our land. I get along well with the CEO,” said Dehn. “He’s more a finance guy than a geo or tech guy, but we get along.”

Which is important. Not only because it is nice to get along with your neighbours but, because, Jourdan is proving up a significant lithium resource a thousand meters away from an operating lithium producer. Is there a deal to be done? Dehn won’t speculate, but NAL’s proximity has to be considered when Jourdan is being evaluated.

One way or another, Dehn is creating value for his shareholders and positioning Jourdan to take full advantage of the coming boom in lithium.

Compilation identified historical results up to 4.88m of 2.97% LiO2

JOURDAN RESOURCES INC. (TSX-V : JOR, Frankfurt and Stuttgart 2JR1) (“Jourdan” or the “Company“) is pleased to announce the results from infill sampling and compilation of drilling from the Vallee Lithium Property, adjacent to the eastern boundary of North American Lithium’s (“NAL”) producing Quebec Lithium Mine. In 2011, Jourdan completed a 4,250 m, 21 drill hole program, the first drill program on the Vallee Lithium property since 1955. In the summer of 2017, the Company relogged and sampled previously untested drill core including holes VAL11-12 and VAL11-19. (See Map 1)

Only 6 holes have completed outside of the significantly mineralized corridor leaving strong potential for additional lithium mineralization on the Vallee Lithium property.

Highlights from infill sampling of the 2011 drilling, completed in the summer of 2017 include 1.30m @ 1.53% Li2O in hole VAL11-19 and 1.65m @ 0.93% Li2O in hole VAL11-19.

The compilation and interpretation, relogging, sampling and surface investigation of the Vallee Lithium property has identified significant lithium mineralization contiguous to a due east of the Quebec Lithium Mine owed by NAL. NAL  is currently completing a planned $50 million financing as a private company, at $2.75 per share, $25 million of which has been committed by a Burwill Holdings Limited, who have also committed to acquire 80% of spodumene concentrate from the Quebec Lithium Mine, which is currently producing.

NAL acquired and is re-starting one of the only near-term viable hard rock lithium operations globally. NAL is the 100-per-cent owner of the Québec Lithium Mine in Val-d’Or, Quebec, a mine site located within reach of North America’s largest markets and export terminals. Jourdan Resources nearly surrounds the Quebec Lithium Mine on all sides save for a portion of the mine’s northern boundary.

Compliation of recent resampling and historical drilling has identified a significantly mineralized corridor of spodumene mineralization 600m thick and 1000m long (visible on Map 1 and Section 1). Holes drilled in 1952, 1953 and 1955 confirm this corridor, and there is very limited drilling outside the corridor, with only 6 holes drilled outside this area that have been complied, and the majority of the area of the Vallee Lithium property is untested.

Concentrate tests results returned more then 5% Li2O from 2011 drill core, previously reported by Jourdan.

Previously unsampled drill core returned results including 0.80m @ 0.63% Li2O in hole VAL11-12, 0.25m @ 0.59% Li2O in hole VAL11-14, and 1.30m @ 1.53% Li2O, 2.05m @ 0.67% Li2O as well as 1.65m @0.93% Li2O all in hole VAL11-19.

Map 1 Plan with 2011 Hole Locations and Quebec Lithium Mine Pit Plan and Mineralized Zones

Link to Map 1 : https://goo.gl/1xfhtF

Highlights in the 2011 drilling include: 6.95m @ 0.88% Li2O in holes VAL11-20, 5.00m @ 0.85% Li2O in hole VAL11-11, 5.50m @ 1.19% Li2O in holes VAL11-20, 5.80m @ 1.08% Li2O, 5.42m @ 0.81% Li2O in hole VAL11-17, 4.63m @ 1.03% Li2O in hole VAL11-17, 6.33m @0.86% Li2O, 6.84m @0.64% Li2O.

. Table 1: 2011-2017 Significant Drilling/Sampling Results

*denotes 2017 analysis of previously unsampled core

Map 2 Detail Plan of 2011 Drilling with Hole Traces and Vertical Section Locations

Link to Map 2 : https://goo.gl/JqS43N

“I am very pleased with the grades encountered east of the Quebec Lithium Mine on Jourdan’s 100% controlled Vallee Lithium property. All results are within 2000m of the open pit plan of the Quebec Lithium Mine, and projecting the zones from the Mine on surface towrads the Vallee Lithium property suggest that additional targets exist south of the significant mineralization identified to date on the property” states Michael Dehn, CEO of Jourdan.

Section 1 Vertical Cross Section #3 and Plan showing 2011 drilling with assay results, geology, and significant intersections

Link to Section 1 : https://goo.gl/N3KME3

Highlight from the 1955 drilling program include 4.88m @ 2.97% Li2O in hole VS-12,  4.06m @ 2.00% Li2O in hole VS-12, 3.97m @ 2.80% Li2O in hole VS-10, 2.59m @ 1.61% Li2O in hole VS-6 and 1.68m @ 1.44% LiO2 in hole VS-7.

Although there were few assay results from the 1955 drill program, the results were very significant, with some wide zones and high grades of spodumene. Holes without assays also provided important geological descriptions of mineralization, as well as areas that the drill was unable to reach bedrock. Map 3 provides the location of the holes drilled in 1955 as well as the location of the 1952, 1953 and 2011 drill hole location.

Table 2: 1955 Drilling Results

Highlights from the 1952-53 drilling program include 11.29m @ 15-20% Spodumene in hole S-15,  3.17m @ 50% Spodumene in hole SB-33, 2.99m @ 15% Spodumene as well as Lepidolite in hole SB-50, and 2.81m @ 20% Spodumene in hole SB-52.

There where no assays provided with the logs for the 1952 and 1953 drill holes, but the descriptions and visual identification of spodumene, often with a visual percent of spodumene in the core over a length gives strong indication of lithium mineralization. Additionally, the identification of lepidolite in one hole demonstrates that lithium is present not only in spodumene but in lepidolite as well.

Table 3: 1952-1953 Drilling Results

Map 3 Plan of all drill holes to date on the Vallee Lithium Property (as well as a few on the Quebec Lithium Mine Property)

Link to Map 3 : https://goo.gl/c7PtKg

All new samples have been sent to SGS Canada Inc. facilities in Lakefield, Ontario (“SGS”) for analysis by Inductively Coupled Plasma methods.  These laboratories are recognized by the industry and accredited ISO/MEC 17025 by the Standards Council of Canada.  In addition to the quality assurance and quality control (“QA/QC”) employed by SGS, Jourdan Resources develops a rigorous QA/QC protocol for its operators, including the insertion of analytical standard samples, duplicates, and coarse silica blanks on a systematic basis.  To determine the QC warning, ±2x Std. Dev., and QC failure ±3x Std. Dev. were used. QC results did not highlight any significant analytical bias.

Yves Caron, M.Sc., P.Geo., and Qualified Person as defined by NI 43-101, has reviewed and approved the technical information in this press release.

About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol JOR on the TSX Venture and 2JR1 on the Frankfurt and Stuttgart Stock Exchanges. The Company is focused on the acquisition, exploration, production, and development of mining properties in lithium.

Please visit the Company’s website at www.jourdanresources.com

For further information please contact:

Michael Dehn         

President and CEO           

Tel: (647) 477-2382

Fax: (647) 477-2389

michael@jourdanresources.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance, may constitute forward-looking information (collectively “forward-looking information”) within the meaning of Canadian securities laws. Forward-looking information may be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts and include, but are not limited to, resource estimates, capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to, access to capital markets and other sources of financing and associated cost of funds, final receipt of any required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime, the ultimate ability to execute business plans on economically favourable terms and those material factors and assumptions disclosed in other public filings of Jourdan Resources.

While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to, risks and uncertainties disclosed in other public  Jourdan Resources filings, changes in general economic, market and business conditions, competition for, among other things, capital and skilled personnel, and other unforeseen events or circumstances, that may cause the actual financial results, performance or achievements of the Company to be materially different from estimated future results, performance or achievements expressed or implied by the forward-looking statements. Copies of the Company’s public filings under applicable Canadian securities laws are available at www.sedar.com. The Company further cautions that information contained on, or accessible through, this website is current only as of the date of filing such information and may be superseded by subsequent events or filings. Other than as required by law, Jourdan Resources does not intend, and undertakes no obligation, to update any forward looking information to reflect, among other things, new information or future events.

Although the Company believes many of its properties have promising potential, its properties are in the early stages of exploration. None have yet been shown to contain proven or probable mineral reserves. There can be no assurance that such reserves will be identified on any property, or that, if identified, any mineralization may be economically extracted.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this release that are not historic facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking statement.

JOURDAN RESOURCES INC. (TSX-V : JOR, Stuttgart: 2JR1) (“Jourdan” or the “Company“) is pleased to announce the results from a 1500 m drill program has been completed on the Preissac-Lacorne Lithium Portfolio, optioned from Alix Resources Inc (“Alix”) (TSX-V AIX) and one other claim that is owned by Jourdan.

The centre of the drill program is 1.5km northwest of the adjacent Quebec Lithium Mine owned and operated by North American Lithium. The adjacent mine announced commercial production of spodumene concentrate on June 2, 2017 with production targeted for the Chinese market.

A total of 1500 m of drilling was completed in 12 drill holes, 11 holes on the Preissac-Lacorne Lithium Portfolio, and one hole (WL17-12) on claims owned 100% by Jourdan Resources. (see Map 1 for drill hole locations).

Link to Map 1 : https://goo.gl/RKcCMj

Several holes had multiple wide spread mineralized zones space upto 140m apart with in the same drill hole, indicating a wide zone of spodumene bearing pegmatite dykes exists in the area. Drilling covered a strike length of 750m of spodumene bearing pegmatite dykes.

Table 1: Drilling Results from 2017 Program

“These highly encouraging first pass drill results confirm widespread lithium mineralization in the Pressiac-Lacorne Lithium belt. These targets were chosen due to the fact that they were already permitted by Alix and ready to be drilled. The fact that mineralization was present in 9 out of 12 holes exceeded our expectations. We have now had enough time to carefully select our next targets on the claims west of the North American Lithium’s Quebec Lithium Mine as well as on our Vallee property which borders the North American Lithium’s Quebec Lithium Mine property to the east. The pegmatite dykes appear to be structurally and not stratigraphically controlled and we plan to expand on historical drilling and the success of this drill program to test from mineralization along strike 2 kilometres east and 2 kilometres west of the our neighbour’s producing lithium mine” said Michael Dehn, CEO of Jourdan.

All samples have been sent to SGS Canada Inc. facilities in Lakefield, Ontario (“SGS”) for analysis by Inductively Coupled Plasma methods.  These laboratories are recognized by the industry and accredited ISO/MEC 17025 by the Standards Council of Canada.  In addition to the quality assurance and quality control (“QA/QC”) employed by SGS, Jourdan Resources develops a rigorous QA/QC protocol for its operators, including the insertion of analytical standard samples, duplicates and coarse silica blanks on a systematic basis.  To determine the QC warning, ±2x Std. Dev., and QC failure ±3x Std. Dev. were used. QC results did not highlight any significant analytical bias.

Yves Caron, M.Sc., P.Geo., and Qualified Person as defined by NI 43-101, has reviewed and approved the technical information in this press release.

About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol JOR on the TSX Venture and 2JR1 on the Stuttgart Stock Exchange. The Company is focused on the acquisition, exploration, production, and development of mining properties in lithium.

Please visit the Company’s website at www.jourdanresources.com

For further information please contact:

Michael Dehn

President and CEO

Tel: (647) 477-2382

Fax: (647) 477-2389

michael@jourdanresources.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance, may constitute forward-looking information (collectively “forward-looking information”) within the meaning of Canadian securities laws. Forward-looking information may be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts and include, but are not limited to, resource estimates, capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to, access to capital markets and other sources of financing and associated cost of funds, final receipt of any required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime, the ultimate ability to execute business plans on economically favourable terms and those material factors and assumptions disclosed in other public filings of Jourdan Resources.

While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to, risks and uncertainties disclosed in other public  Jourdan Resources filings, changes in general economic, market and business conditions, competition for, among other things, capital and skilled personnel, and other unforeseen events or circumstances, that may cause the actual financial results, performance or achievements of the Company to be materially different from estimated future results, performance or achievements expressed or implied by the forward-looking statements. Copies of the Company’s public filings under applicable Canadian securities laws are available at www.sedar.com. The Company further cautions that information contained on, or accessible through, this website is current only as of the date of filing such information and may be superseded by subsequent events or filings. Other than as required by law, Jourdan Resources does not intend, and undertakes no obligation, to update any forward looking information to reflect, among other things, new information or future events.

Although the Company believes many of its properties have promising potential, its properties are in the early stages of exploration. None have yet been shown to contain proven or probable mineral reserves. There can be no assurance that such reserves will be identified on any property, or that, if identified, any mineralization may be economically extracted.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this release that are not historic facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking statement.

JOURDAN RESOURCES INC. (TSX-V: JOR) is pleased to announce it has entered into a non-arm’s length assignment agreement with Fairmont Resources Inc. entitling Jourdan to acquire a 100% interest in the Rome Lithium property (the “Property”), subject to a 2% production royalty, of which half (1%) can be bought back for $1,000,000 at any time. In consideration of the acquisition of the interest in the Property, Jourdan will: (i) make a $50,000 cash payment, $25,000 of which has already paid pursuant to the ROFR agreement announced June 29, 2017, (ii) issue 1,500,000 common shares of Jourdan, (iii) grant an additional 2% net smelter return (“NSR“) on the Property, of which half (1%) may be bought back for $1,000,000 at any time, and (iv) the completion of exploration expenditures on the Property totaling $150,000 on or before June 10, 2019 (the “Option”).

Map 1 – Rome Lithium Property and Jourdan Resources Properties in relation to Quebec Lithium Mine owned by NA Lithium. (Link to Map 1 https://goo.gl/7ZMkRm)

The property is located approximately 60 km north of Val d’Or Quebec.

The property is contiguous to the north and south of NA Lithium’s Quebec Lithium Mine with a published measured and indicated resources (at a 0.60% Li2O cutoff) of 41,556,000 tonnes at 1.09% Li2O, and an inferred resource of (at a 0.60% Li20 cutoff) of 17,766,000 million tonnes at 1.10% Li2O (RB Energy Press Release of October 11, 2012).

Jourdan is also please to announces it has entered into an agreement to acquire a 100% interest in the Baillarge North Lithium – Molybdenum Property (“Baillarge North”), subject to 1% net smelter return (“NSR“) on the Baillarge North Property, in consideration for a cash payment of $50,000 and the issuance of 5,000,000 common shares.

Map 2 – Baillarge North Lithium – Molybdenum Property (“Baillarge North”) and Jourdan Resources Properties in relation to Quebec Lithium Mine owned by NA Lithium. (Link to Map 2 https://goo.gl/rTVo2E)

The 935 hectare Baillarge North Property is north of Jourdan’s original Baillarge Lithium – Molybdenum Property (“Baillarge”) which was acquired in April of 2011. In 2016, 15 grab samples were collected on the Baillarge North Property with molybdenum assays ranging from 1.08 ppm Mo up to 35.8% Mo. This is a new discovery, and is part of a 100m wide quartz vein system that hosts the molybdenum, with individual quartz veins ranging in width from 5cm to more than 1m. The molybdenum identified in the vein ranges from 1mm in size to more than 20 cm massive molybdenum crystal clusters and sheets.

Photo 1. Molybdenum in quartz from Baillarge North Property showing some massive molybdenum (silver-coloured metallic mineral in the photo) (Link to Photo 1 https://goo.gl/WYuRZZ)

Table 1. Grab Sample molybdenum assays and calculated results from Baillarge North Property.

Table 2. Grab Sample lithium and related pegmatite results, as well as silver and bismuth assays and calculated lithium oxide results from Baillarge North Property.

Recent pricing of Molybdenum Oxide, quoted on Infomine.com, was US$7.26 per pound (CAD$9.24 per pound, or US$16,000 per tonne)

Photo 2. 30m by 60 metre outcrop of pegmatite at the Baillarge North Property. (Link to Photo 2 https://goo.gl/vwYncB)

Photo 3. Massive Beryl (light green mineral) in pegmatite from Baillarge North Property. (Link to Photo 3  https://goo.gl/BpuoM7)

Jourdan’s Original Baillarge Property is located along trend of the past producing molybdenum mine the La Corne mine, which was operated intermittently by Molybdia Corporation Limited from 1951 to1972 as an underground mine. Total production from the mine during this period was 3,838,844 tons of ore at a head grade of 0.33% MoS2 (6.6 lbs/ ton) and 0.040% bismuth (0.80 lbs/ton).

Jourdan has previously collected surface grab samples that have returned up to 5.47% Mo

Sigeom reports that the Lac Baillarge-Est occurrence on Jourdan’s Baillarge Property also has significant lithium mineralization including 2.48% LiO2 over 2.30m drilled in 1955.

Map 3 – Jourdan Resources Property Package in the La Corne District, Quebec. (Link to Map 3 https://goo.gl/tDvQG6)

“With these two acquisitions Jourdan now controls 9,689 hectares in the La Corne Region, Quebec, by far the largest land position in the region” stated Michael Dehn, CEO of Jourdan. “With the recent restart of the North America Lithium mine, we believe that La Corne District will be seen as a world class hard rock lithium region and Jourdan will be well positioned to benefit from it.”

Both transactions are subject to the TSX Venture Exchange approval.

All samples were submitted for sample preparation to ALS Minerals Lab located in Val d’Or, Quebec for preparation that were then analysis for Me-MS61, ME-OG62, ME-XRFOS, Mo-OG62, with additional processing and analysis on samples returning greater than 10% Mo having additional processing and analysis with FND – 02A and Mo-CON02.

Roger Ouellet, P. Geo., a Qualified Person as defined by NI 43-101, has reviewed and approved the technical information in this press release. He was also present in the field at the time of sample collection for the 15 samples from the Baillarge North Property.

About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol JOR on the TSX Venture. The Company is focused on the acquisition, exploration, production, and development of mining properties in lithium.

Please visit the Company’s website at www.jourdanresources.com

For further information please contact:

Michael Dehn        

President and CEO         

Tel: (647) 477-2382

Fax: (647) 477-2389

michael@jourdanresources.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance, may constitute forward-looking information (collectively “forward-looking information”) within the meaning of Canadian securities laws. Forward-looking information may be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts and include, but are not limited to, resource estimates, capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to, access to capital markets and other sources of financing and associated cost of funds, final receipt of any required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime, the ultimate ability to execute business plans on economically favourable terms and those material factors and assumptions disclosed in other public filings of Jourdan Resources.

While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to, risks and uncertainties disclosed in other public  Jourdan Resources filings, changes in general economic, market and business conditions, competition for, among other things, capital and skilled personnel, and other unforeseen events or circumstances, that may cause the actual financial results, performance or achievements of the Company to be materially different from estimated future results, performance or achievements expressed or implied by the forward-looking statements. Copies of the Company’s public filings under applicable Canadian securities laws are available at www.sedar.com. The Company further cautions that information contained on, or accessible through, this website is current only as of the date of filing such information and may be superseded by subsequent events or filings. Other than as required by law, Jourdan Resources does not intend, and undertakes no obligation, to update any forward looking information to reflect, among other things, new information or future events.

Although the Company believes many of its properties have promising potential, its properties are in the early stages of exploration. None have yet been shown to contain proven or probable mineral reserves. There can be no assurance that such reserves will be identified on any property, or that, if identified, any mineralization may be economically extracted.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this release that are not historic facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking statement.