JNR Resources Inc.
TSX VENTURE : JNN

JNR Resources Inc.

July 17, 2009 18:56 ET

JNR Increases Private Placement

SASKATOON, SASKATCHEWAN--(Marketwire - July 17, 2009) -

NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Mr. Richard Kusmirski, President of JNR Resources Inc. (TSX VENTURE:JNN) announces that due to strong demand, JNR has agreed to increase the financing announced on July 14, 2009 by $125,000 to $325,000. These funds will be raised by the Company issuing a total of 1,300,000 flow-through shares at a price of $0.25 per share. The offering is fully subscribed.

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.

The funds raised by way of the private placement will be used for exploration programs on the Company's properties located in Newfoundland.

JNR is a junior resource company currently engaged in the exploration and development of mineral properties in the provinces of Saskatchewan and Newfoundland. The Company has a varied interest in several prospective uranium properties in the Athabasca Basin of northern Saskatchewan.

ON BEHALF OF THE BOARD

Rick Kusmirski, President & CEO

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.

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