JJR II Acquisition Inc. completes initial public offering



    /NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE
    SERVICES./

    TORONTO, Nov. 6 /CNW/ - JJR II Acquisition Inc. ("JJR") is pleased to
announce that it has completed its initial public offering as a capital pool
company.
    On November 6, 2007, JJR completed an initial public offering of
2,325,000 common shares at a price of $0.10 per share for gross proceeds to
JJR of $232,500 to purchasers in Ontario, Alberta and British Columbia.
Blackmont Capital Inc. acted as agent in respect of the offering and received
a cash commission, as well as an option to acquire 10% of the aggregate number
of shares sold pursuant to the offering for a period of 24 months from the
date of listing of the common shares on the TSX Venture Exchange (the "TSXV")
at an exercise price of $0.10 per common share.
    JJR is in the process of filing the requisite post-closing documentation
with the TSXV in order to obtain final approval of the listing of the common
shares.
    The directors of JJR are Ronald Schmeichel, Jonathan Quick and Lena
Kalachnikova. Detailed information regarding each director is contained within
the Prospectus, which is available to the public at www.sedar.com. In
connection with the closing, an aggregate of 1,162,500 stock options were
granted to Ronald Schmeichel and Jonathan Quick.

    Investors are cautioned that trading in the securities of a capital pool
company should be considered highly speculative.

    JJR is a capital pool company governed by the policies of the TSXV. JJR's
principal business is the identification and evaluation of assets or
businesses with a view to completing a Qualifying Transaction.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.




For further information:

For further information: Ronald Schmeichel, CEO of JJR, at (416)
972-9993

Organization Profile

JJR II ACQUISITION INC.

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