VANCOUVER, Dec. 9, 2012 /CNW/ - Bryan Glen announces that he has
acquired direct or indirect ownership of an aggregate of 581,500 common
shares of Jazz Resources Inc. (the "Company") representing
approximately 4% of the Company's issued and outstanding shares
pursuant to acquisitions on the TSX Venture Exchange. The acquisition
prices of the shares ranged from $0.085 to $0.475. Mr. Glen currently
owns directly or indirectly 5,916,973 common shares of the Company,
representing approximately 41% of the Company's issued and outstanding
shares. In addition, Mr. Glen holds 500,000 incentive stock options.
Assuming exercise of the options, Mr. Glen would hold 6,416,973 common
shares of the Issuer, representing approximately 45% of the issued and
outstanding shares of the Issuer.
Mr. Glen's acquisition of the securities was made for investment
purposes. Mr. Glen may acquire additional securities or dispose of his
existing securities on the basis of his assessment of market conditions
and in compliance with all applicable securities regulatory
NO REGULATORY AUTHORITY HAS REVIEWED NOR DOES ANY REGULATORY AUTHORITY
ACCEPT REPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF
THIS NEWS RELEASE.
SOURCE: Jazz Resources Inc.
For further information:
Jazz Resources Inc.