JZR Gold announces that, further to its news release dated June 8, 2023, it has issued an aggregate of 300,000 bonus shares to four arm's length lenders in connection with loans advanced to the Company in the aggregate principal sum of $1,000,000 . The bonus shares are subject to a hold period which expires four months and one day from the date of issuance. The Company also announces that, as it has completed the Loan [...]
JZR Gold is pleased to announce that it has entered into loan agreements with each of four arm's length lenders dated June 8, 2023, pursuant to which the Company will borrow the aggregate principal sum of $1,000,000. The Loans, which are unsecured, will have a term of one year, and bear interest at a rate of 12.0% per annum. The aggregate principal sum of the Loans, and any accrued but unpaid interest, shall be due and [...]
JZR Gold is pleased to announce that, further to its news release dated April 21, 2023, it has closed the first tranche of its previously announced non-brokered private placement offering of common shares by issuing 875,000 units at a price of $0.60 per Unit for gross proceeds of $525,000. Each Unit is comprised of one common share and one share purchase warrant. Each Warrant shall entitle the holder to acquire one [...]
JZR Gold announces with great sadness the passing of Dr. Stewart Jackson, PhD, P. Geo, the Company's "Qualified Person" pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Dr. Jackson was an accomplished mining professional, with decades of experience in the exploration and development of mineral projects and was instrumentally involved in several successful discoveries. Management and [...]
JZR Gold is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 4,166,666 common shares at a price of $0.60 per Share to raise gross proceeds of up to $2,500,000. The Offering is expected to close on or about March 30, 2023 and is subject to approval of the TSXV. The Company intends to use the net proceeds of the Offering to fund operations of the fully constructed 800 [...]
JZR Gold is pleased to announce that it has satisfied all requirements under a Joint Venture Royalty Agreement with ECO Mining Oil & Gaz Drilling and Exploration entered into on July 6, 2020, as amended on Jan 9, 2023. Pursuant to the JVRA, it has acquired a 50% Net Profit Interest from all Net Profit generated from the Vila Nova Gold Project located in Amapa State, Brazil . Pursuant to an agreement between ECO and [...]
JZR Gold Inc. is pleased to announce that it has been advised by ECO Mining Oil & Gaz Drilling and Exploration EIRELI, its joint venture royalty agreement counterparty and the operator of the Vila Nova Gold Project located in Amapa State, Brazil that the 800 tonne-per-day bulk sampling gravimetric mill located on the Property is now operating and processing material on the Property. The Mill was manufactured in Brazil by [...]
JZR Gold Inc. is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement offering of units and, pursuant thereto, issued 736,924 Units at a price of $0.65 per Unit for gross proceeds of $479,000. Each Unit is comprised of one common share in the capital of the Company and one share purchase warrant. Each Warrant shall entitle the holder to acquire one additional [...]
Jazz Resources Inc. is pleased to announce that, further to its news release dated September 7, 2022, it will be changing its name from "Jazz Resources Inc." to "JZR Gold Inc.". The name change will become effective on Wednesday, October 19, 2022 and, at the opening of the market on October 19, 2022, the Company's common shares on the TSX Venture Exchange will trade under the new name. The Company's trading symbol, "JZR [...]
Jazz Resources Inc. is pleased to announce that it has been advised by ECO Mining Oil & Gaz Drilling and Exploration EIRELI, its joint venture royalty agreement counterparty and the operator of the Vila Nova Gold Project located in Amapa State, that it has completed the 800 tonne per day bulk sampling gravimetric mill located at the Vila Nova Project, and that testing of the Mill has commenced. The Mill was designed [...]
Jazz Resources Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement offering of units by issuing 998,093 Units at a price of $0.65 per Unit for gross proceeds of $648,760. Each Unit is comprised of one common share in the capital of the Company and one share purchase warrant. Each Warrant shall entitle the holder to acquire one additional common share [...]
Jazz Resources Inc. is pleased to announce that it intends to proceed with a corporate rebranding and to change its name to "JZR Gold Inc.". The Company does not intend to change its trading symbol. The Name Change is subject to TSX Venture Exchange approval and the Company will provide further updates regarding the Name Change, including the effective date. The Company further announces that it intends to undertake a [...]