/NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES./
SASKATOON, Aug. 6 /CNW/ - JNR Resources Inc. ('JNR') is pleased to
announce the closing of its private placement totalling $325,000. These funds
were raised through the issue of 1,300,000 flow-through common shares by JNR
at a price of $0.25 per share.
A commission of $10,000 was paid to Toll Cross Securities Inc., as
consideration for arranging a portion of the private placement.
The shares issued pursuant to the private placement are subject to a hold
period expiring December 1, 2009.
The funds raised by way of the private placement will be used for
exploration programs on JNR's properties located in Newfoundland.
JNR is a junior resource company currently engaged in the exploration and
development of mineral properties in the provinces of Saskatchewan and
Newfoundland. JNR has a varied interest in several prospective uranium
properties in the Athabasca Basin of northern Saskatchewan.
ON BEHALF OF THE BOARD
President & CEO
Neither the 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.
For further information:
For further information: JNR Resources at (306) 382-2211 or (877)