JAZZ RESOURCES INC.
Unit 5 - 2330 Tyner Street
Port Coquitlam, BC V3C 2Z1
Telephone: 604-970-6402 Fax: 604-944-6102
Email: jo@Jazz Resources.ca
www.JazzResources.ca TSX Venture Exchange: JZR
February 1, 2016
NEWS RELEASE - FOR IMMEDIATE RELEASE
CHANGE of DIRECTORS
Jazz Resources Inc. (JZR: TSX-V) reports that Steve May has stepped down as a director to pursue other business opportunities but is staying on as a special advisor to the Company on corporate matters and shareholder communications.
The Company is pleased to announce that Robert C. Klenk, the Company's Chief Operating Officer, will join the Board of Directors along with J. T. Shearer and K. Hannan.
The 16 containers of raw ore arrived in Lianyungang, China on January 26 and have been collected by the consignee. Sampling of each 2-tonne bag by a 1m spear, 5cm in diameter, has been completed by an independent referee. Assay results are expected in two to three weeks, after which the final 20% payment can be settled to the Company's account.
Directors, officers and advisors have been granted 250,000 shares at 10 cents per share for a period of 5 (five) years. The Company's AGM is scheduled for March 24, 2016 at 11am.
J. T. Shearer, M.Sc., P.Geo. (BC & Ontario) President/CEO, is the Qualified Person as defined by NI 43-101 who supervised the preparation of the technical material in this release.
On behalf of the Board of Directors,
'Jo Shearer'
Jo Shearer,
President/CEO
Phone: 604-970-6402
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute 'forward-looking statements' and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
All such forward-looking information and statements are based on certain assumptions and analyses made by the Company's management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed, implied by or projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include but are not limited to: risks related to the exploration and potential development of the Company's projects, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, as well as those factors discussed in the sections relating to risk factors of the Company set out in certain of the Company's disclosure documents filed on SEDAR.
There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.