TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that North American Lithium Inc. (“NAL”), a subsidiary of Sayona Mining Limited (ASX: SYA; OTCQB: SYAXF) (“Sayona”), which recently entered into an earn-in and joint venture agreement with Jourdan (the Earn-in Agreement”), has deposited C$4 million (the “Escrow Amount”) into an escrow account pursuant to an escrow agreement entered into among J
Sayona to Acquire a 9.99% Shareholding in Jourdan Resources Figure 1 View of NAL mine area and Jourdan’s Vallée claims Figure 2 Vallée Project – outcropping pegmatite Figure 3 Sayona’s Jourdan claims Figure 4 Jourdan Chairman Dr. Andy Rompel & Sayona VP Exploration Carl Corriveauat site in Quebec Highlights Earn-in agreement over Jourdan Resources’ Vallée lithium project allows Jourdan to further expand its exploration towards a potential resource and future mine. Sayona to acquire a 9.99% share
Most readers would already be aware that Sayona Mining's (ASX:SYA) stock increased significantly by 115% over the past...