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JNR Announces Proposed Conversion Of Preferred Shares
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Saskatoon, SK - JNR Resources Inc. announces that it has made a
proposal to its preferred shareholders to convert their preferred
shares into common shares of the Company on the basis of $1.00 of
common shares for each preferred share held (the "Exchanged Shares").
The Company presently has outstanding 3,000 preferred shares having a
par value of $1.00 each, which were issued by the Company (then June
Resources Inc.) over 26 years ago when the Company purchased Morrison
Petroleum Inc. The current management of the Company would like to
retire all of the preferred shares so as to simplify the Company's
accounting records and reduce its accounting and legal costs.
The issuance of the Exchanged Shares is subject to TSX Venture Exchange
acceptance.
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 that
have been and will continue to be the focal point of JNR's exploration
efforts.
ON BEHALF OF THE BOARD
Rick Kusmirski
President & CEO
For further information contact JNR Resources at 306.382.2211 or
877.567.6463
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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Copyright (c) 2009 JNR RESOURCES INC. (JNN-TSXV) All rights reserved.
For more information visit our website at http://www.jnrresources.com/
or send mailto:info@jnrresources.com
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CODE : JNN.V |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
JNR est une société d’exploration minière d'argent et d'or basée au Canada. JNR détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont BELL LAKE, PENDLETON LAKE, KELIC LAKE, NORTH WEDGE, SOUTH DUFFERIN, SNOWBIRD PROPERTY, YURCHISON LAKE, TOPSAILS, SOUTH FORK, CRACKINGSTONE, MOORE LAKE, ROCKY BROOK, SOUTH CIGAR, LAZY EDWARD BAY, WAY LAKE, BLACK LAKE PROPERTY et NEWNHAM au Canada. JNR est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 4,7 millions (4,7 millions US$, 3,5 millions €). La valeur de son action a atteint son plus bas niveau récent le 31 décembre 2003 à 0,03 , et son plus haut niveau récent le 31 décembre 2007 à 4,50 . JNR possède 47 442 200 actions en circulation. |