Jourdan Resources Inc.

Jourdan Resources Inc.

April 07, 2006 15:29 ET

Jourdan Resources Inc.: Shares for Debt Settlement

VAL-D'OR, QUEBEC--(CCNMatthews - April 7, 2006) - Jourdan Resources (NEX:JRN.h) whishes to announce that it has reached an agreement for the settlement of a debt with a former consultant. According to the terms of this agreement, the Company will issue 300 000 shares at a deemed price of 0.15$, subject to regulatory approval. The securities issued pursuant to the settlement shall be subject to a 4 month hold period from the date of issuance.

The NEX neither approved nor disapproved this press release and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Jourdan Resources
    Marc Labrecque
    (819) 856-3421
    (819) 825-6316 (FAX)