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JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company“) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the “Exchange”) in respect of its previously announced acquisition of the Pedra Branca Project in Brazil (the “Project”) pursuant to the terms of an option agreement (the “Option Agreement”) with Jaguar Mining Inc. (the “Fundamental Acquisition”). Completion of the Fundamental Acquisition is subject to a number of conditions, including acceptance by the Exchange of the Company’s previously announced concurrent private placement (the “Concurrent Financing”) and the Exchange’s review of our previously submitted technical report on the Project.
Jiulian Resources to Acquire Pedra Branca Gold Project in Brazil and Announces Financing for up to $1.75M
JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company“) is pleased to announce that it has entered into an arm’s length definitive option agreement (the “Option Agreement”) with Jaguar Mining Inc. (TSX: JAG) (“Jaguar”) effective July 29, 2020 to acquire up to a 100% interest in the Pedra Branca project (“Pedra Branca” or the “Project”) tenement package, located in Ceará State, Northeastern Brazil (the “Acquisition”)
JIULIAN RESOURCES INC. (TSX-V: JLR) (“Jiulian” or the “Company”) announces that its Board of Directors has approved an amendment to its stock option plan subject to the approval by the shareholders of the Company at the annual general meeting of shareholder to be held later this year (the “AGM”) and upon receipt of final approval by the TSX Venture Exchange (the “Exchange”).