Denison Mines is pleased to announce the closing of its previously announced acquisition of the outstanding common shares of JNR Resources. The transaction was completed pursuant to a plan of arrangement in accordance with the Business Corporations Act (British Columbia), which was approved by the British Columbia Supreme Court yesterday [...]
Mr. Richard Kusmirski, President of JNR Resources announces Denison Mines and JNR have entered into an Amending Agreement to amend their previously announced Acquisition Agreement, so that Denison's acquisition of JNR will now proceed by way of a Plan of Arrangement instead of a take-over bid. The acquisition of JNR shares under the Arrangement [...]
Mr. Richard Kusmirski, President of JNR Resources announces Denison Mines and JNR have signed an acquisition agreement pursuant to which Denison will offer to acquire all of the issued and outstanding common shares of JNR by way of a friendly take-over bid. Under the terms of the Offer, JNR shareholders will receive 0.073 of a Denison common share [...]
JNR is pleased to announce that it has entered into an agreement with Toll Cross Securities to complete a private placement financing, on a commercially reasonable efforts agency basis, for the issue of up to 34,615,384 flow-through common shares at a price of $0.065 per Flow-Through Share for gross proceeds of approximately $2,250,000, and [...]
JNR Resources is pleased to announce a National Instrument 43-101 compliant inferred mineral resource estimate for the Fraser Lakes Zone B of 6,960,681 lbs. of U3O8 at an average grade of 0.030% with significant quantities of rare earth element oxides (REO), specifically La2O3, Ce2O3, Yb2O3, and Y2O3 (see table below). The Fraser Lakes Zone B is [...]
JNR is pleased to report encouraging analytical results from the recently completed diamond drilling program on the Company's 100% owned Black Lake uranium project, located in the Athabasca Basin of northern Saskatchewan. The Black Lake project is situated along the north edge of the Athabasca Basin, approximately 20 kilometres southeast of the [...]
JNR is pleased to announce that it has commenced a minimum 1,000-metre spring diamond drilling program on the Company's 100% owned Black Lake uranium project, located in the Athabasca Basin of northern Saskatchewan. The drilling will focus primarily on shallower electromagnetic and structural targets located in the northern portion of the property.
JNR is pleased to announce the closing of its private placement totalling $825,000. These funds were raised through the issue by JNR of 6,500,000 units at a price of $0.10 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each full warrant is exercisable for eighteen months from closing into one [...]
Mr. Richard Kusmirski, President of JNR announces that due to strong demand, the Company has agreed to increase the non-brokered private placement announced on April 17, 2012 from $600,000 to $775,000. These funds will be raised by the Company issuing a total of 6,000,000 units at a price of $0.10 per unit. Each unit will consist of one common [...]
Mr. Richard Kusmirski, President of JNR announces that the Company is undertaking a non-brokered private placement in the amount of $600,000 These funds will be raised by the Company issuing a total of 6,000,000 units at a price of $0.10 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each [...]
JNR is pleased to provide the following update on exploration activities on a number of uranium projects that are 100% owned by the Company and/or are jointly held with Denison Mines Corp. The properties are located in the Athabasca Basin of northern Saskatchewan. Key amongst these are the Company's 100 % owned Black Lake and Newnham Lake projects [...]
JNR is pleased to report the analytical results from the recently completed diamond drilling program on the Company's 100% owned Snowbird uranium project, located in the Athabasca Basin of northern Saskatchewan. The Snowbird property straddles the southern edge of the Athabasca Basin within the footwall of the Snowbird Tectonic Zone, a major [...]