Jourdan Announces First of Eighteen Drillhole Assay Results with Li2O Grades

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA: 2JR1) (" Jourdan " or the " Company ") is pleased to publish the first assay results of its winter 2022 drilling campaign on its flagship Vallée project, which is located north of Val-d'Or in Quebec, Canada. The results are from the first hole VAL22-2-6 and shows multiple lithium grading zones.

Highlights*:

Drill hole	From (m)	To (m)	Length	Li ₂ O (%)
VAL22-2-6	26.9	30.1	3.2	1.56
Including	28	29	1	1.92
VAL22-2-6	143.1	144	0.9	0.97
VAL22-2-6	160.85	164.7	3.85	1.04
Including	162.8	163.8	1	1.66

*drill core width only, does not represent true width

As mentioned in a press release dated May 24, 2022, the Company has completed its previously announced diamond drilling program, with 3,629m drilled by May 2022. The Company has now received the first assay results from the program and awaits further assays from the program in which every hole showed multiple intersections of spodumene-bearing pegmatite.

All 18 of its 2022 winter drilling campaign have intersected the new spodumene-bearing pegmatite swarm on its Vallée property at a previously underexplored eastern extension, which had not been exposed by the North American Lithium mine to the west of Vallée (see Fig. 1).

Since restarting drilling in September 2021, Jourdan has drilled 26 drillholes, all of which intercepted multiple spodumene-bearing pegmatite dykes.

Jourdan's Executive Chairman, Dr. Andreas Rompel, stated, "These first results confirm the consistency of the grade intersected during last year's campaign and the sampling results of the bulk sample. We are keenly looking forward to receiving the next results of all the boreholes recently drilled and assayed."

The now completed drill program was conducted by Forage Hébert from Amos, Quebec, under the supervision of Alex Belo, Géologue Inc. (ABG Exploration) of Amos, Quebec.

The Company's now completed diamond drilling program of 3,629m was intended to follow up on the results of a bulk sample collected in 2018 and the fence line drilled in 2011 and 2021 along the western side of the Company's Vallée property, which borders the North American Lithium mine. As anticipated, the drilling program substantially extended the known deposit at the Company's Vallée property eastwards. Since February 2022, 18 holes of approximately 200m depth have been drilled, each aimed at the pegmatite swarm identified by the trenching of the bulk sample collected on the Vallée property in 2018. The assay results from the bulk sample revealed high Li ₂ O grades (for more information, please see the Company's press release dated April 29, 2021, which is available under the Company's SEDAR profile at www.sedar.com), which have encouraged the Company to continue exploration and exploratory drilling along the strike and depth extents of its Vallée property.

Jourdan has significantly enlarged its database by adding more drillholes since the start of the exploration work in 2011. The 2011 drilling comprised 21 drillholes (4,256m), the 2021 campaign consisted of eight drillholes (1,680m) and with the completed 3,629m in 2022, Jourdan has more than 9,490m (47 holes) of core that the Company intends to use in the future to establish an initial mineral resource estimate.

Qualified Person
The scientific and technical information contained herein has been reviewed and approved by Alexandr Beloborodov, P.Geo., an independent consultant that is a "qualified person" as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects .

About Jourdan Resources Inc.
Jourdan Resources Inc. is a Canadian junior mining exploration company trading under the symbol "JOR" on the TSX Venture Exchange and "2JR1" on the Stuttgart Stock Exchange. The Company is focused on the acquisition, exploration, production, and development of mining properties. The Company's properties are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne Batholith, around North American Lithium's producing Quebec Lithium Mine.

For more information:
Rene Bharti, Chief Executive Officer and President
Email: info@jourdaninc.com
Phone: (416) 861-5800
www.jourdaninc.com

Cautionary statements

The content and grades of any mineral deposits at the Company's properties are conceptual in nature. There has been insufficient exploration to define a mineral resource on the property and it is uncertain if further exploration will result in any target being delineated as a mineral resource.

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company's winter 2022 drill program, including the anticipated assay results, and the ability of the Company to establish an initial mineral resource estimate at its properties and execute its business plan. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". 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 Jourdan to be materially different from those expressed or implied by such forward-looking information, including but not limited to: receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future mineral prices and market demand; accidents, labour disputes and shortages and other risks of the mining industry. Although Jourdan 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. Jourdan does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f68ba14-d5eb-4022-8a45-7343ae21255b

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Jourdan Resources TSXV:JOR Battery Metals Investing

JOR:CA

Jourdan Starts Soil Sampling Program at Preissac-La Corne and Baillargé Projects; Jourdan Expects to Announce Initial Mineral Resource Estimate on Vallée in Near Future

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to announce that it has commenced a soil sampling program on the majority of its claims located in the long-established lithium mining district of Preissac-La Corne, which is approximately 35km north of Val-d'Or in Quebec, Canada.

The sampling program is being conducted on a 400m x 200m regional grid and represents a pre-cursor to a potential future drilling program. A field crew consisting of geological and exploration technicians has been mobilized to the area and has begun collecting soil samples. Soil samples are being collected using two-person teams equipped with picks and shovels. Samples are being collected from the b-horizon at a depth ranging from 10 cm to 90 cm. Approximately 1,000 sites are scheduled to be sampled. To date, the soil sampling technique, utilizing both in-situ and pXRF analysis directly in the field, is working very efficiently to test these large areas rigorously, rapidly and cost-effectively. Samples are being analyzed on a daily and weekly basis for rubidium (Rb) and tantalum (Ta) by the latest model X-505 portable XRF gun from SciAps. Samples are then sent to Impact Global Solutions (IGS) lab in Delson, Quebec for pathfinder element analysis.

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Jourdan Upsizes Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to announce that as a result of increased investor demand the Company is increasing its previously announced private placement financing (the " Initial Offering ") of common shares issued on a flow-through basis (the " Flow-Through Shares ") from up to 10,000,000 Flow-Through Shares to up to 14,000,000 Flow-Through Shares at a price of $0.10 per Flow-Through Share, for aggregate gross proceeds from the issuance of both units and Flow-Through Shares of up to $2.4 million (the " Upsized Offering "). For more information about the Initial Offering and details of the units to be issued thereunder, please see the Company's press release dated June 29, 2022, which is available under the Company's SEDAR profile at www.sedar.com.

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Jourdan Announces More Elevated Li2O Grades from its Drill Campaign

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to publish the next partial assay results of its winter 2022 drilling campaign on its flagship Vallée project, which is located ~35km north of Val-d'Or in Quebec, Canada. The results are from three holes and show multiple lithium grading zones.

Highlights*:

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Jourdan Completes Phase 2 of its 2022 Drilling Program

All eighteen holes of its 2022 winter drilling campaign have intersected the new spodumene-bearing pegmatite swarm.

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to announce that all of its eighteen (18) drill holes of its 2022 winter drilling campaign have intersected the new spodumene-bearing pegmatite swarm on its Vallée property at a previously underexplored eastern extension, which had not been exposed by the North American Lithium mine to the west of Vallée (see Fig. 1).

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Jourdan Provides Drilling Program Update

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORFF, FRA:2JR1) (" Jourdan " or the " Company ") is pleased to announce that all of its sixteen (16) drill holes of its 2022 winter drilling campaign have intersected the new spodumene-bearing pegmatite swarm on its Vallée property at a previously underexplored eastern extension, which had not been exposed by the North American Lithium mine to the west of Vallée (see Fig. 1).

Following the press release dated March 24, 2022, Jourdan has again expanded its 2022 winter drilling campaign by adding 2 new drillholes (VAL22-5-4 and VAL22-5-5) to the already permitted line of eight drillholes of 200m each, extending the lines 3, 4 and 5 to the north, south, and east (see Fig. 1).

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Altech Batteries Ltd CERENERGY Battery Project Funding Update

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce an update on funding of the CERENERGY(R) sodium-chloride solid-state battery project in Saxony, Germany.

Highlights

- Financing plan and target structure in place

- Funding investment teaser documents and data room established

- Reach out to 10 commercial banks and 2 venture debt funds - all positive interests

- Shortlisting potential lead bank

- Equity Funding - potential sale of minority interest of the project to realise capital and strategic value

- Discussions and draft term sheets shared with investors

- Offtake agreement LOI signed with ZISP

On 14 June 2024, the Company, through its Germany subsidiary Altech Batteries GmbH ("ABG"), announced the appointment of global big four professional services firm ("funding adviser") to assist in securing finance for the construction of Altech's 120MWh CERENERGY(R) battery manufacturing plant in Germany. The project's financing strategy is structured across three key areas: debt, equity, and grants.

These sources will cover not only the capital expenditures but also financing costs, working capital, debt service coverage, and an additional contingency for potential business interruptions, See Figure 1*.

DEBT PROCESS

A funding invitation document (investment teaser) has been finalised and distributed to various financial institutions for debt funding in the project. The Group has engaged ten commercial banks and two venture debt funds in a first market round, receiving predominantly positive initial feedback. Several of these institutions have expressed strong interest in participating in the financing. The Group is now in the process of shortlisting potential lenders to identify the most suitable financial partners for the project. To support a thorough due diligence process, a secure data room has been set up, providing detailed project information to interested financiers and ensuring full transparency. The DFS financial model has been adjusted to stress-test various funding scenarios tailored to the lending institutions ABG has engaged with. Further steps involve determining the most suitable banks to form a syndicate and appointing a lead bank to guide the lending process. This syndicate will play a crucial role in structuring the financing arrangement to meet the project's requirements.

EQUITY FUNDING

In addition to ongoing debt financing efforts, the Group has engaged several equity advisers to support the equity component of the project's funding package. As part of this strategy, the Altech Group plans to divest a minority interest in the project to one or two strategic investors. This partial divestment aims to attract investors who can bring not only capital, but also strategic value to the project, aligning with the CERENERGY(R) project's long-term growth and sustainability objectives.

The Group is specifically targeting large utility groups, data centre operators, investment funds and corporations that are heavily involved in the green energy transition. These entities are seen as ideal partners due to their strong alignment with the project's focus on sustainable energy solutions, as well as their capacity to provide substantial financial backing.

To date, significant progress has been made in these equity discussions. Several Non-Disclosure Agreements (NDAs) have been signed, allowing for deeper engagement with prospective investors. Altech has also circulated draft term sheets to a number of interested parties, outlining the proposed terms and conditions for investment. These documents serve as a starting point for negotiations, paving the way for more detailed discussions regarding the potential equity stake and partnership structure.

The strategic decision to divest a portion of the project is aimed at reducing the overall financial burden on the Company while bringing in experienced partners who can contribute to the project's success. By securing both the equity and debt components, the Company aims to finalise the full financing package, ensuring the timely construction and commissioning of the CERENERGY(R) battery plant. The next steps will focus on advancing these discussions and converting interest into formal commitments, which are crucial for moving forward with the project.

OFFTAKE ARRANGEMENTS

On 13 September 24, Altech announced the execution of an Offtake Letter of Intent between Zweckverband Industriepark Schwarze Pumpe (ZISP) and Altech Batteries GmbH. Under this Offtake Letter of Intent (LOI), ZISP will purchase 30 MWh of energy storage capacity annually, consisting of 1MWh GridPacks, for the first five years of production. The price of these batteries has been agreed and aligns with the sales price contained within Altech's Definitive Feasibility Study. The purchase of these batteries is subject to performance tests, battery specifications and the batteries meeting customer requirements. This offtake LOI constitutes an important aspect of the financing process. This lays the foundation for additional offtake arrangements, which are currently in progress. These agreements are vital for advancing our financing and construction timelines for the CERENERGY(R) project.

CEO and MD Mr Iggy Tan stated "The funding stage of any project is the most complex and challenging process of any project. Securing a big four funding adviser with expertise and a global network is a major step in our financing efforts. Altech is advancing both debt and equity discussions, along with offtake agreements, to fully fund the CERENERGY(R) project. We are seeing strong interest, especially from European banks and potential equity partners".

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/PO741A78

To view MD Iggy Tan explain the Funding, please visit:
https://www.abnnewswire.net/lnk/23705649

About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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E-Power Resources Inc. Announces Closing of a Third and Final Tranche of Oversubscribed Private Placement

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") announces that it has closed a third and final tranche of the private placement previously announced on September 24, 2024 (the "Private Placement"). The oversubscribed private placement was originally announced for $420,000, but a total of $526,264 was raised in all three tranches.

An aggregate of 3,150,000 units (the " Units") of the Company were issued in the third and final tranche at a price of $0.05 per Unit for gross proceeds of $157,500, each Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one-half common share purchase warrant (each a "Warrant"), each Warrant entitling its holder thereof to acquire one additional common share (each a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 60 months from the closing date. (the "Offering").

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Edison Lithium Arranges Sale of Interest in Argentinian Lithium Properties for US$3.5 Million

Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) ("Edison" or the "Company") is pleased to announce that, effective November 12, 2024, it has accepted a non-binding purchase offer letter from Mava Gasoil LLC ("Mava"), a corporation based in Houston Texas, for the sale of 100% of the interest in the Company's Argentina subsidiary, Resource Ventures S.A. ("ReVe"), in consideration for USD$3,500,000. One of the LEXI claims owned by ReVe and the royalties on that mining property, and the PINAC mining properties owned by ReVe are excluded from the sale and will be retained by Edison.

ReVe controls the rights to prospective lithium brine claims in the province of Catamarca, Argentina. The claims are principally located in the two geologic basins known as the Antofalla Salar and the Pipanaco Salar. ReVe's assets on closing of the disposition to Mava will include 30 mining concessions covering approximately 104,538 hectares area in Catamarca Province, Argentina. The Company will retain and focus its Argentinian efforts on 8 mining concessions covering approximately 35,000 hectares area in Catamarca Province, Argentina, which are not subject to the sale and amount to approximately 25% of the claims currently held by ReVe.

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Drill hole	From (m)	To (m)	Length	Li ₂ O (%)
VAL22-4-3	89	90	1	1
VAL22-4-3	106.55	108.45	1.9	1.8
including	106.55	107.45	0.9	2.38
VAL22-4-3	177.75	183	5.25	1.33
including	178.8	179.9	1.1	1.83
VAL22-3-6	117	119	2	1.18
VAL22-3-5	48.7	50.8	2.1	0.7
VAL22-3-5	120.8	121.85	1.05	0.79
VAL22-3-5	128.2	129.95	1.75	0.81
VAL22-3-5	141.35	145.6	4.25	0.75
including	144.5	145.6	1.1	1.21

Drillhole	Description*
VAL22-5-4	5 interceptions of 1 to 3m spodumene bearing pegmatite dyke.
VAL22-5-5	4 interceptions of 1 to 3m spodumene bearing pegmatite dyke.

Drillhole	Description*
VAL22-3-7	2 interceptions of 1 to 3m spodumene bearing pegmatite dyke.
VAL22-4-7	2 interceptions of 1 to 2m spodumene bearing pegmatite dyke.

Loop	Conductor	Drillhole	Conductivity-thickness (s)	Dimensions (Strike x Dip)	Dip/Dip-direction	Depth to top (mRL)
Loop 1	NA	PAL0352	-	-	-	-
Loop 2	NA	PAL0072, PAL0362	-	-	-	-
Loop 3	South Palokas Deep "A"	PAL0367	100	130m x 200m	48/333	-340m
Loop 3	South Palokas Deep "B"	PAL0367	110	120m x 110m	17/314	-370m
Loop 3	Palokas Deep	PAL0200	160	100m x 135m	34/330	-129m
Loop 4	Hirvimaa	PAL0073	150	150m x 150m	12/103	-50m
Loop 5	Raja Footwall	PAL0171, PAL0355	80	70m x 110m	44/326	-125m

Jourdan Announces First of Eighteen Drillhole Assay Results with Li2O Grades

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