Jazz Resources is pleased to announce that it intends to undertake a non-brokered private placement offering of convertible debentures to raise gross proceeds of up to $1,000,000. The principal sum of each Debenture will be $1,000. The Debentures will bear interest at a simple rate of eight percent per annum and will mature on the date that is two years from the date of issuance. For the first year of the term of the [...]
Jazz Resources is pleased to announce that its common shares have been made eligible for book-entry and depository services of the Depository Trust Company to facilitate electronic clearing and settlement of transfers of its Shares in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic clearing and settlement for publicly traded companies [...]
Jazz Resources Inc. announces that it has received a technical report from Eco Mining Oil & Gas Drilling and Exploration Eireli. in connection with the Vila Nova gold project located in Amapa. The Report, titled "Geologic Modeling and Assessment of Potential Mineral Resources, Vila Nova Gold Project, Amapa State, Brazil", was prepared by Eng. Geologo Marcius Costa Machado and Eng. Geologo Remo Almeida Machado of Pesquisa [...]
Jazz Resources is pleased to announce that it has closed the balance of its previously announced non-brokered private placement offering of 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 in the capital of the Company and one share purchase warrant. Each Warrant shall entitle the holder to acquire one additional Share in the capital [...]
Jazz Resources Inc. is pleased to announce that it has closed the first portion of its previously announced non-brokered private placement offering of units by issuing 860,250 Units at a price of $0.80 per Unit for gross proceeds of $688,200. 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, due to significant demand, it has increased its previously announced private placement financing by an additional $700,000 to $1,700,000. Pursuant to the increased offering, the Company is offering, on a non-brokered private placement basis, up to 2,125,000 units at a price of $0.80 per Unit, to raise aggregate gross proceeds of up to $1,700,000. Each Unit will be comprised [...]
Jazz Resources Inc. is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 1,250,000 units at a price of $0.80 per Unit, to raise aggregate gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of [...]
Jazz Resources is pleased to announce that assembly of the 800 tonne per day bulk sampling gravimetric mill on the Vila Nova gold property has been completed. Brastorno Tecnologia em Equipamentos Para Mineracao, a Brazilian manufacturer of mineral exploration and mining equipment, was retained in 2021 to design, manufacture and assemble the Mill on the Property. It is anticipated that the Mill will be powered up with [...]
Jazz Resources wishes to announce that the fully-permitted, 800 tonne per day gravimetric mill is currently being assembled on site at the Vila Nova gold property located in the State of Amapa. The Company anticipates that the mill will be fully assembled before the end of March 2022. Testing of the mill will be conducted as soon as practicable after assembly has been completed. The Company also announces that it has [...]
Jazz Resources Inc. is pleased to announce that it has closed the balance of its previously announced non-brokered private placement offering of units by issuing 819,999 Units at a price of $0.75 per Unit for gross proceeds of $614,999.25. Each Unit is comprised of one common share of the Company and one share purchase warrant, with each Warrant entitling the holder to acquire one additional Share at a price of $1.10 per [...]
Jazz Resources Inc. announces that on December 4, 2021, it has redeemed certain of its unsecured convertible debentures dated June 4, 2021. On the Redemption Date, the Company redeemed the aggregate principal sum of $350,000 of certain Debentures. In addition to the redemption amounts, the Company paid to the holders of the redeemed Debentures any accrued and unpaid interest, at a rate of 8% per annum, calculated from the [...]
Jazz Resources is pleased to announce that it has closed a portion of its previously disclosed non-brokered private placement offering of units by issuing 1,033,333 Units at a price of $0.75 per Unit for gross proceeds of $785,000. 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 common share in the [...]