Lithium

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORFF) (" Jourdan " or the " Company ") announces today that it has entered into a marketing services agreement with Stanford & Turner Marketing Group (" Stanford "). Stanford is a digital media marketing company that provides a combination of content development, web development, media buying and distribution, and reporting and optimization to Jourdan. Pursuant to the agreement, Stanford will assist Jourdan in enhancing its visibility with potential investors through a digital marketing campaign for a total cost of US$75,000 over a three-month period commencing May 9, 2022, and US$25,000 per month on a month-to-month basis thereafter. Stanford is an arm's length party from the Company and principally operates out of Los Angeles, California. As of the date of this press release, neither Stanford nor any of its directors and officers own any interest, directly or indirectly, in the securities of the Company. The appointment of Stanford is subject to approval by the TSX Venture Exchange.

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

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 engagement of Stanford to build awareness of the Company with potential investors. 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 the Company 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 prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. 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 Company 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.


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Jourdan Resources

Jourdan Resources

Overview

For electric vehicle battery and power production, market researchers predict global lithium demand to more than double, from 47,300 tonnes in 2020 to 117,400 tonnes in 2024. As the West searches for more mineralization to supply the growing demand, companies mining for minerals like lithium and copper can expect to play an integral part in minimizing environmental impact, transportation costs and carving a place in the future of green energy.

Echoing this growing demand, Canada revealed its critical minerals list in March 2021, which included lithium among the 31 minerals deemed vital to the Canadian economy. The critical status of lithium coupled with growing demand strategically positions Jourdan Resources (TSXV:JOR) as a company moving towards focus areas in future Canadian mining policy and investments.

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Jourdan Resources

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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Jourdan Resources

Jourdan Announces Drilling Program Continues to Intersect the New Eastern Extension of Li Pegmatites

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORFF) (" Jourdan " or the " Company ") is pleased to announce that all of its twelve (12) 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). For more information on Jourdan's drill program, please see the Company's press release dated March 7, 2022, which is available under the Company's SEDAR profile at www.sedar.com.

As set out in a press release dated March 24, 2022, Jourdan has expanded its 2022 winter drilling campaign by adding another already permitted line of eight drillholes of 200m each for a total of an additional 1,600m to the 1,608m already completed in 2022, extending the lines 3, 4 and 5 to the north, south, and east (see Fig. 1).

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Jourdan Announces Stock Option Grant

Jourdan Announces Stock Option Grant

Jourdan Resources Inc. (TSXV: JOR | OTCQB: JORFF | FRA: 2JR1) (" Jourdan ", " Jourdan Resources " or the " Company ") today announced that it has granted 4,100,000 stock options to certain directors, officers and consultants of the Company pursuant to the Company's stock option plan. The stock options vest immediately and may be exercised at a price of $0.05 per option for a period of five years from the date of grant. This grant of options is subject to the approval of the TSX Venture Exchange.

About Jourdan Resources Inc.

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Jourdan Resources Announces the Appointment of Red Pennant to Estimate an Initial Mineral Resource at its Vallee Project

Jourdan Resources Announces the Appointment of Red Pennant to Estimate an Initial Mineral Resource at its Vallee Project

Jourdan Resources Inc. (TSXV: JOR | OTCQB: JORFF | FRA: 2JR1) (" Jourdan ", " Jourdan Resources " or the " Company ") is pleased to announce the appointment of Red Pennant Communications Corp. (" Red Pennant "), including the experienced Michael F. O'Brien, M.Sc., P.Geo. Mr. O'Brien has been contracted through Red Pennant to estimate an initial mineral resource on Jourdan's flagship Vallee project and to deliver a technical report to the Company prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (" NI 43-101 "). The data for the report is expected to be derived from historical and recent diamond drilling and sampling, including the Company's 2018 bulk sampling effort and the currently ongoing diamond drilling campaign being conducted on the project. An initial field visit for Mr. O'Brien is scheduled for mid-April 2022.

Rene Bharti, CEO of Jourdan, stated, "Jourdan Resources is very excited to onboard Red Pennant Communications Corp., in particular Mr. O'Brien, an extremely experienced individual in helping companies establish mineral resources. Obtaining a mineral resource will be the Company's next step forwards following the completion of its drill campaign, which not only proved the presence of strong lithium grades, but also expanded our understanding about how large our lithium package actually is. Mr. O'Brien will be critical in establishing a mineral resource in the near term, which we anticipate will lead to the preparation of a feasibility study before ultimately moving to production. Indeed, we are confident that establishing a mineral resource will be a huge step forward for Jourdan's shareholders and management alike."

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Jourdan Announces Expanded Drilling Program Following Successful Intersections of Li Pegmatite

Jourdan Resources Inc. (TSXV: JOR; OTCQB: JORFF) (" Jourdan " or the " Company ") is pleased to announce that it has expanded its winter 2022 drilling campaign after all of its first eight drillholes intersected the newly identified spodumene-bearing pegmatite swarm on its Vallée property. For more information on Jourdan's drill program, please see the Company's press release dated March 7, 2022, which is available under the Company's SEDAR profile at www.sedar.com

Jourdan has expanded its drilling campaign by adding another already permitted line of eight drillholes of 200m each for a total of an additional 1,600m to the 1,608m already completed in 2022, extending the lines 3, 4 and 5 to the north, south, and east (see Fig. 1).

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Lithium Miner SQM's Profits Surge on Higher Lithium Prices

Soaring lithium prices supported earnings from Chile’s SQM (NYSE:SQM) during the first quarter, with the miner seeing its net income reach US$796.1 million ― up from US$68 million a year earlier.

The top lithium producer's revenue from lithium sales increased almost 970 percent year-on-year to hit US$1.44 billion, with its sales volume increasing 59 percent and reaching its highest level at 38,100 tonnes.

“The lithium market continues to be very dynamic and at times difficult to gauge and estimate,” the company said in a Wednesday (May 18) statement. “Despite the higher pricing environment we have seen, we still believe that the lithium market will grow at least 30 percent this year.”

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SQM REPORTS EARNINGS FOR THE THREE MONTHS ENDED MARCH 31, 2022

Highlights

  • SQM reported net income for the three months ended March 31, 2022 of US$796.1 million , compared to US$68.0 million in same period of 2021.
  • Revenues for the three months ended March 31, 2022 , were US$2,019.8 million .
  • Earnings per share totaled US$2.79 for the three months ended March 31, 2022 .
  • Our first quarter results include payments related to the agreement with Corfo and tax provisions that totaled approximately US$800 million .
  • Adjusted EBITDA margin for the first three months of 2022 reached 58.7%.
  • SQM will hold a conference call to discuss these results on Thursday, May 19 , at 12:00pm ET ( 12:00pm Chile time).

    Participant Dial-In (Toll Free):                    1-855-238-1018

    Participant International Dial-In:                             1-412-542-4107

    Webcast: https://services.choruscall.com/links/sqm220519.html

Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported earnings today for the three months ended March 31, 2022 of US$796.1 million ( US$2.79 per share), an increase from US$68.0 million ( US$0.26 per share) reported for the three months ended March 31, 2021 . Gross profit reached US$1,164.7 million (57.7% of revenues) for the three months ended March 31, 2022 compared to US$136.6 million (25.9% of revenues) recorded for the three months ended March 31, 2021 . Revenues totaled US$2,019.8 million for the three months ended March 31, 2022 an increase compared to the US$528.5 reported for the three months ended March 31, 2021 .

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