/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH US WIRE SERVICES/
TORONTO, Sept. 3 /CNW/ - JJR II Acquisition Inc. ("JJR II") (TSX-V:
JJR.P) is pleased to announce that it has closed its previously announced
non-brokered private placement (the "Private Placement"). Pursuant to the
Private Placement, JJR II issued 2,000,000 common shares at a price of $0.10
per common share for gross proceeds of $200,000.
The Private Placement is subject to final acceptance by the TSX Venture
The common shares issued under the Private Placement are subject to a
hold period expiring on January 4, 2009.
The net proceeds of the Private Placement will be used to provide JJR II
with funds with which to identify and evaluate assets or businesses for
acquisition with a view to completing a qualifying transaction
About JJR II: JJR II Acquisition Inc. is a Capital Pool Company ("CPC")
listed on the TSX Venture Exchange.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Ron Schmeichel, CEO of JJR II Acquisition Inc.
at (416) 972-6294