JAZZ Closes Balance of Increased Non-Brokered Private Placement of Units

JAZZ Closes Balance of Increased Non-Brokered Private Placement of Units

(TheNewswire)

Vancouver, British Columbia, Canada TheNewswire - Jazz Resources Inc. (TSXV:JZR) (the " Company " or " JZR ") is pleased to announce that it has closed (the " Second Tranche ") the balance of its previously announced non-brokered private placement offering (the " Offering ") of units (the " Units ") by issuing 1,264,750 Units at a price of $0.80 per Unit for gross proceeds of $1,011,800.  Each Unit is comprised of one common share (a " Share ") in the capital of the Company and one share purchase warrant (a " Warrant ").  Each Warrant shall entitle the holder to acquire one additional Share in the capital of the Company at a price of $1.20 per Share for a period of 12 months after the date of issuance of the Warrants.

In connection with the Second Tranche of the Offering, the Company has paid finder's fees to certain registered brokerage firms, comprised of an aggregate cash payment of $49,500, and issued an aggregate of 61,875 non-transferable compensation warrants, substantially upon the same terms and conditions as the Warrants. The Units, Shares, Warrants, compensation warrants and any Shares issued upon the exercise of the Warrants or compensation warrants will be subject to a hold period of four months and one day from the date of issuance.

The Company will use the net proceeds of the Offering to advance the development of the Vila Nova gold project located in the state of Amapa, Brazil, and for general working capital purposes.

For further information, please contact:

Robert Klenk

Chief Executive Officer

rob@jazzresources.ca

Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes statements with respect to the terms of the Offering and the expected use of the net proceeds of the Offering.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties and regulatory risks.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.

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 press release.

None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the United States or "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

Copyright (c) 2022 TheNewswire - All rights reserved.

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JZR Gold Provides Update on Vila Nova Gold Project

JZR Gold Provides Update on Vila Nova Gold Project

(TheNewswire)

JZR Gold Inc.
Vancouver, British Columbia, Canada – JZR Gold Inc. (the “Company” or “JZR”) (TSX-V: JZR) has been advised by ECO Mining Oil & Gaz Drilling and Exploration (EIRELI) (“ECO”), the operator of the Vila Nova gold project (the “Vila Nova Property”) located in the State of Amapa, Brazil, that it has received all required permits from the Agencia Nacional de Mineracao, Brazil’s national mining agency, and the relevant environmental agencies in Brazil, to allow ECO to commence preparation work on the Vila Nova Property. The Company has worked with ECO to commission the manufacture and assembly of an 800 tonne-per-day bulk sampling gravimetric mill, which is ready to commence operation on the Vila Nova Property. ECO has advised the Company that it will start up the plant to commence processing material from the Vila Nova Property within weeks.
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(TheNewswire)

JZR Gold Inc.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION,
DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART,
IN OR INTO THE UNITED STATES.

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(TheNewswire)

JZR Gold Inc.

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(TheNewswire)

JZR Gold Inc.

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(TheNewswire)

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Not for distribution to United States newswire services or for dissemination in the United States.

Grande Portage Resources Ltd. (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) ("Grande Portage" or the "Company") is pleased to announce a non-brokered private placement of up to 10,000,000 units (each, a "Unit") at a price of C$0.30 per Unit for aggregate gross proceeds of up to C$3,000,000 (the "Offering"). The Offering is being carried out pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions (the "LIFE Exemption") to purchasers resident in Canada, and in jurisdictions outside of Canada in compliance with the applicable securities laws of those jurisdictions. The Company has an offering document (the "Offering Document") related to the Offering that can be accessed under Grande Portage's profile at www.sedarplus.ca and on the Company's website at https:grandeportage.com. Prospective investors should read the Offering Document before making an investment decision

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(TheNewswire)

Pinnacle Silver and Gold Corp.

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(TheNewswire)

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