Jourdan Resources Key Executives
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Jourdan Resources Earnings
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Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
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Jourdan Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of lithium, molybdenum, and other mineral properties in Canada. The company holds interests in the Vallée lithium project located in the La Corne and Fiedmont townships; the Preissac La Corne Lithium portfolio in the La Motte, La Corne, Figuery, and Landrienne townships; and the Baillargé Lithium-Molybdenite Project located in Quebec. Jourdan Resources Inc. was founded in 1970 and is headquartered in Toronto, Canada.
$0.01
Stock Price
$2.50M
Market Cap
-
Employees
Toronto, ON
Location
Financial Statements
Access annual & quarterly financial statements for Jourdan Resources, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|
Revenue | $- | $- | $- | $- | $- |
Cost of Revenue | $77.44K | $25.65K | $- | $- | $- |
Gross Profit | $-77.44K | $-25.65K | $- | $- | $- |
Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Research and Development Expenses | $- | $- | $- | $- | $- |
General and Administrative Expenses | $3.27M | $2.75M | $1.32M | $632.20K | $713.32K |
Selling and Marketing Expenses | $2.55M | $- | $- | $- | $- |
Selling General and Administrative Expenses | $5.82M | $2.75M | $1.32M | $632.20K | $713.32K |
Other Expenses | $- | $1.15M | $- | $- | $- |
Operating Expenses | $5.82M | $6.05M | $2.44M | $909.64K | $722.57K |
Cost and Expenses | $5.82M | $6.05M | $2.44M | $909.64K | $722.57K |
Interest Income | $- | $- | $- | $- | $- |
Interest Expense | $17.92K | $8.89K | $2.81K | $595 | $1.41K |
Depreciation and Amortization | $77.44K | $25.65K | $2.33M | $588.57K | $705.33K |
EBITDA | $-5.69M | $-5.25M | $- | $- | $- |
EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Operating Income | $-5.82M | $-4.90M | $-2.44M | $-909.64K | $-722.57K |
Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Total Other Income Expenses Net | $382.49K | $998.13K | $-115.19K | $-323.92K | $-18.40K |
Income Before Tax | $-5.44M | $-4.90M | $-2.44M | $-912.49K | $-723.73K |
Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Income Tax Expense | $- | $1.16M | $-2.33K | $6 | $703 |
Net Income | $-5.44M | $-4.90M | $-2.44M | $-912.49K | $-723.73K |
Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EPS | $-0.02 | $-0.02 | $-0.02 | $-0.01 | $-0.01 |
EPS Diluted | $-0.02 | $-0.02 | $-0.02 | $-0.01 | $-0.01 |
Weighted Average Shares Outstanding | 305.90M | 201.11M | 125.91M | 68.57M | 58.87M |
Weighted Average Shares Outstanding Diluted | 305.89M | 201.11M | 125.91M | 68.57M | 58.87M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Cost of Revenue | $19.40K | $19.40K | $19.40K | $19.40K | $19.40K | $19.40K | $19.24K | $25.65K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Gross Profit | $-19.40K | $-19.40K | $-19.40K | $-19.40K | $-19.40K | $-19.40K | $-19.24K | $-25.65K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General and Administrative Expenses | $451.19K | $774.27K | $532.80K | $729.59K | $932.30K | $1.24M | $729.43K | $1.46M | $655.98K | $443.59K | $188.61K | $277.89K | $132.40K | $194.51K | $716.88K | $450.57K | $48.05K | $46.46K | $87.12K | $121.68K |
Selling and Marketing Expenses | $- | $588.05K | $231.79K | $992.75K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $451.19K | $1.36M | $764.59K | $993.53K | $932.30K | $1.24M | $729.43K | $1.46M | $655.98K | $443.59K | $188.61K | $277.89K | $132.40K | $194.51K | $716.88K | $450.57K | $48.05K | $46.46K | $87.12K | $121.68K |
Other Expenses | $-470.59K | $- | $16.51K | $328.61K | $112.79K | $7.57K | $5.18K | $1.05M | $102.09K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Operating Expenses | $-19.40K | $1.33M | $764.59K | $993.53K | $2.07M | $1.76M | $998.54K | $3.34M | $1.03M | $873.40K | $803.54K | $477.19K | $528.96K | $493.83K | $940.90K | $725.05K | $49.03K | $47.45K | $88.11K | $125.82K |
Cost and Expenses | $687.46K | $1.33M | $784.00K | $1.01M | $2.09M | $1.78M | $998.54K | $3.34M | $1.03M | $873.40K | $803.54K | $477.19K | $528.96K | $493.83K | $940.90K | $725.05K | $49.03K | $47.45K | $88.11K | $125.82K |
Interest Income | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Interest Expense | $2.95K | $2.56K | $3.50K | $4.03K | $4.48K | $4.86K | $4.56K | $7.74K | $419 | $407 | $323 | $394 | $1.61K | $461 | $337 | $163 | $119 | $129 | $184 | $586 |
Depreciation and Amortization | $19.40K | $19.40K | $19.40K | $19.40K | $19.40K | $19.40K | $19.24K | $25.65K | $1.03M | $845.58K | $781.35K | $467.08K | $516.71K | $443.86K | $900.85K | $426.33K | $42.76K | $41.62K | $77.87K | $123.73K |
EBITDA | $-663.50K | $-1.35M | $-748.08K | $-971.83K | $-1.95M | $-1.75M | $-974.12K | $-2.29M | $- | $- | $- | $- | $- | $- | $- | $-725.05K | $- | $- | $- | $- |
EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Operating Income | $- | $-1.33M | $-784.00K | $-1.01M | $-1.97M | $-1.77M | $-993.36K | $-2.29M | $-929.61K | $-873.40K | $-803.54K | $-477.19K | $-528.96K | $-493.83K | $-940.90K | $-725.05K | $-49.03K | $-47.45K | $-88.11K | $-144.90K |
Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Total Other Income Expenses Net | $-685.85K | $-47.33K | $13.02K | $17.68K | $372.34K | $-4.86K | $-4.56K | $1.70M | $101.67K | $-407 | $-323 | $-394 | $-1.61K | $-461 | $-337 | $-8.41K | $5.13K | $1.12K | $-684 | $-20.41K |
Income Before Tax | $-685.85K | $-1.37M | $-770.98K | $-995.25K | $-1.67M | $-1.78M | $-997.91K | $-2.30M | $-930.03K | $-873.81K | $-803.86K | $-477.59K | $-530.57K | $-494.30K | $-941.24K | $-733.46K | $-43.90K | $-46.33K | $-88.80K | $-146.23K |
Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Income Tax Expense | $- | $- | $-1 | $-24.41K | $117.28K | $12.43K | $9.73K | $1.03M | $101.48K | $-846 | $-781 | $-467 | $-517 | $-444 | $-901 | $-263 | $76 | $87 | $106 | $-18.62K |
Net Income | $-685.85K | $-1.37M | $-770.98K | $-995.25K | $-1.67M | $-1.78M | $-997.91K | $-2.30M | $-930.03K | $-873.81K | $-803.86K | $-477.59K | $-530.57K | $-494.30K | $-941.24K | $-733.46K | $-43.90K | $-46.33K | $-88.80K | $-146.23K |
Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EPS | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $-0.01 | $0.00 | $-0.01 | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $-7.81 | $0.00 | $0.00 | $0.00 | $0.00 |
EPS Diluted | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $-0.01 | $0.00 | $-0.01 | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $-7.81 | $0.00 | $0.00 | $0.00 | $0.00 |
Weighted Average Shares Outstanding | 356.37M | 356.37M | 356.32M | 356.32M | 322.62M | 293.89M | 270.36M | 270.36M | 200.33M | 173.74M | 172.28M | 171.45M | 120.03M | 120.03M | 110.27M | 93.97K | 63.82M | 58.87M | 58.87M | 58.87M |
Weighted Average Shares Outstanding Diluted | 356.32M | 356.32M | 356.32M | 356.32M | 322.62M | 293.89M | 270.36M | 270.36M | 200.33M | 173.74M | 172.28M | 171.45M | 120.03M | 120.03M | 110.27M | 93.97K | 63.82M | 58.87M | 58.87M | 58.87M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $2.42M | $1.89M | $668.78K | $477.53K | $26.93K |
Short Term Investments | $- | $- | $- | $- | $2.25K |
Cash and Short Term Investments | $2.42M | $1.89M | $668.78K | $477.53K | $29.18K |
Net Receivables | $- | $- | $1.10M | $- | $- |
Inventory | $- | $- | $- | $- | $- |
Other Current Assets | $25.12K | $58.33K | $21.68K | $7.48K | $6.50K |
Total Current Assets | $2.94M | $2.43M | $1.79M | $485.01K | $200.41K |
Property Plant Equipment Net | $179.94K | $260.27K | $- | $- | $- |
Goodwill | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
Long Term Investments | $- | $- | $- | $- | $- |
Tax Assets | $- | $- | $- | $- | $- |
Other Non-Current Assets | $- | $-0 | $- | $- | $- |
Total Non-Current Assets | $179.94K | $260.27K | $- | $- | $- |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $3.12M | $2.69M | $1.79M | $485.01K | $200.41K |
Account Payables | $166.51K | $734.14K | $474.03K | $450.30K | $276.55K |
Short Term Debt | $49.61K | $45.35K | $- | $- | $- |
Tax Payables | $- | $- | $- | $- | $- |
Deferred Revenue | $- | $- | $- | $- | $- |
Other Current Liabilities | $65.49K | $168.00K | $689.35K | $860.93K | $536.34K |
Total Current Liabilities | $281.60K | $947.49K | $1.16M | $1.31M | $812.88K |
Long Term Debt | $88.23K | $137.84K | $- | $- | $- |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $- | $- | $- | $- | $- |
Total Non-Current Liabilities | $88.23K | $137.84K | $- | $- | $- |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $369.84K | $1.09M | $1.16M | $1.31M | $812.88K |
Preferred Stock | $- | $- | $- | $- | $- |
Common Stock | $30.52M | $25.82M | $20.55M | $18.09M | $17.76M |
Retained Earnings | $-30.67M | $-30.09M | $-25.19M | $-22.74M | $-21.83M |
Accumulated Other Comprehensive Income Loss | $- | $1.13M | $1.10M | $369.22K | $378.40K |
Other Total Stockholders Equity | $2.90M | $1.90M | $5.27M | $3.82M | $3.46M |
Total Stockholders Equity | $2.75M | $1.61M | $631.45K | $-826.22K | $-612.48K |
Total Equity | $2.75M | $1.61M | $631.45K | $-826.22K | $-612.48K |
Total Liabilities and Stockholders Equity | $3.12M | $2.69M | $1.79M | $485.01K | $200.41K |
Minority Interest | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $3.12M | $2.69M | $1.79M | $485.01K | $200.41K |
Total Investments | $- | $- | $- | $- | $2.25K |
Total Debt | $137.84K | $183.19K | $- | $- | $- |
Net Debt | $-2.28M | $-1.71M | $-668.78K | $-477.53K | $-26.93K |
Balance Sheet Charts
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $192.89K | $967.83K | $1.93M | $2.42M | $747.67K | $2.63M | $1.06M | $1.89M | $2.41M | $417.76K | $1.06M | $668.78K | $395.57K | $75.57K | $468.26K | $477.53K | $702.77K | $9.97K | $13.52K | $26.93K |
Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $8.25K | $3.00K | $1.75K | $2.25K |
Cash and Short Term Investments | $192.89K | $967.83K | $1.93M | $2.42M | $747.67K | $2.63M | $1.06M | $1.89M | $2.41M | $417.76K | $1.06M | $668.78K | $395.57K | $75.57K | $468.26K | $477.53K | $711.02K | $12.97K | $15.27K | $29.18K |
Net Receivables | $134.82K | $292.39K | $230.09K | $496.89K | $1.08M | $175.76K | $122.66K | $480.51K | $2.17M | $131.28K | $81.73K | $1.10M | $122.03K | $68.42K | $26.13K | $- | $182.25K | $177.42K | $170.79K | $164.72K |
Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.44K | $3.07K | $4.70K | $6.33K |
Other Current Assets | $23.25K | $33.64K | $41.40K | $25.12K | $19.34K | $25.64K | $71.98K | $58.33K | $26.72K | $20.44K | $13.90K | $21.68K | $18.59K | $20.24K | $29.48K | $7.48K | $1.62K | $3.25K | $4.88K | $6.50K |
Total Current Assets | $350.96K | $1.29M | $2.21M | $2.94M | $1.85M | $2.83M | $1.25M | $2.43M | $4.61M | $569.47K | $1.16M | $1.79M | $536.20K | $164.23K | $523.87K | $485.01K | $894.89K | $193.64K | $190.94K | $200.41K |
Property Plant Equipment Net | $121.74K | $141.14K | $160.54K | $179.94K | $199.34K | $218.74K | $238.14K | $260.27K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $84.04K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Assets | $- | $- | $- | $0 | $-0 | $0 | $0 | $-0 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Non-Current Assets | $121.74K | $141.14K | $160.54K | $179.94K | $199.34K | $218.74K | $238.14K | $260.27K | $84.04K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $472.70K | $1.44M | $2.37M | $3.12M | $2.05M | $3.05M | $1.49M | $2.69M | $4.70M | $569.47K | $1.16M | $1.79M | $536.20K | $164.23K | $523.87K | $485.01K | $894.89K | $193.64K | $190.94K | $200.41K |
Account Payables | $204.67K | $550.14K | $186.45K | $166.51K | $354.73K | $519.97K | $496.72K | $734.14K | $1.14M | $456.54K | $534.67K | $474.03K | $684.71K | $445.85K | $408.70K | $450.30K | $410.85K | $374.43K | $320.08K | $276.55K |
Short Term Debt | $53.06K | $51.88K | $50.73K | $49.61K | $48.51K | $47.43K | $46.38K | $45.35K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Revenue | $- | $- | $-186.45K | $-167 | $72.88K | $159.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Current Liabilities | $58.75K | $32.50K | $20.64K | $65.49K | $95.12K | $214.89K | $156.25K | $168.00K | $697.26K | $586.35K | $677.35K | $689.35K | $824.35K | $675.85K | $868.35K | $860.93K | $576.80K | $566.82K | $572.12K | $536.34K |
Total Current Liabilities | $316.48K | $634.52K | $257.82K | $281.60K | $498.37K | $782.29K | $699.35K | $947.49K | $1.84M | $1.04M | $1.21M | $1.16M | $1.51M | $1.12M | $1.28M | $1.31M | $987.65K | $941.24K | $892.21K | $812.88K |
Long Term Debt | $48.00K | $61.71K | $75.12K | $88.23K | $101.06K | $113.59K | $125.85K | $137.84K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Non-Current Liabilities | $- | $- | $- | $-1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Non-Current Liabilities | $48.00K | $61.71K | $75.12K | $88.23K | $101.06K | $113.59K | $125.85K | $137.84K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Liabilities | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $364.47K | $696.24K | $332.94K | $369.84K | $599.42K | $895.88K | $825.21K | $1.09M | $1.84M | $1.04M | $1.21M | $1.16M | $1.51M | $1.12M | $1.28M | $1.31M | $987.65K | $941.24K | $892.21K | $812.88K |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $1 | $1 | $1 | $1 |
Common Stock | $30.54M | $30.54M | $30.52M | $30.52M | $29.42M | $28.61M | $25.82M | $25.82M | $24.85M | $20.96M | $20.68M | $20.55M | $19.19M | $18.85M | $18.58M | $18.09M | $18.01M | $17.76M | $17.76M | $17.76M |
Retained Earnings | $-33.14M | $-32.81M | $-31.43M | $-30.67M | $-34.54M | $-32.87M | $-31.09M | $-30.09M | $-27.80M | $-26.87M | $-25.99M | $-25.19M | $-24.71M | $-24.18M | $-23.69M | $-22.74M | $-22.01M | $-21.97M | $-21.92M | $-21.83M |
Accumulated Other Comprehensive Income Loss | $- | $- | $1.33M | $1.33M | $1.41M | $1.47M | $1.13M | $1.13M | $1.13M | $1.07M | $1.10M | $1.10M | $527.01K | $348.46K | $328.46K | $369 | $449 | $5 | $378 | $378 |
Other Total Stockholders Equity | $2.71M | $3.00M | $2.94M | $2.90M | $6.57M | $6.41M | $5.93M | $1.90M | $5.80M | $5.43M | $5.26M | $2.04M | $4.55M | $4.37M | $4.35M | $3.82M | $3.91M | $3.46M | $3.46M | $3.46M |
Total Stockholders Equity | $108.22K | $738.76K | $2.03M | $2.75M | $1.45M | $2.16M | $664.67K | $1.61M | $2.85M | $-473.41K | $-52.41K | $631.45K | $-972.86K | $-957.47K | $-753.17K | $-826.22K | $-92.76K | $-747.60K | $-701.27K | $-612.48K |
Total Equity | $108.22K | $738.76K | $2.03M | $2.75M | $1.45M | $2.16M | $664.67K | $1.61M | $2.85M | $-473.41K | $-52.41K | $631.45K | $-972.86K | $-957.47K | $-753.17K | $-826.22K | $-92.76K | $-747.60K | $-701.27K | $-612.48K |
Total Liabilities and Stockholders Equity | $472.70K | $1.44M | $2.37M | $3.12M | $2.05M | $3.05M | $1.49M | $2.69M | $4.70M | $569.47K | $1.16M | $1.79M | $536.20K | $164.23K | $523.87K | $485.01K | $894.89K | $193.64K | $190.94K | $200.41K |
Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities and Total Equity | $472.70K | $1.44M | $2.37M | $3.12M | $2.05M | $3.05M | $1.49M | $2.69M | $4.70M | $569.47K | $1.16M | $1.79M | $536.20K | $164.23K | $523.87K | $485.01K | $894.89K | $193.64K | $190.94K | $200.41K |
Total Investments | $- | $- | $- | $- | $- | $- | $- | $- | $84.04K | $- | $- | $- | $- | $- | $- | $- | $8.25K | $3.00K | $1.75K | $2.25K |
Total Debt | $101.06K | $113.59K | $125.85K | $137.84K | $149.56K | $161.03K | $172.24K | $183.19K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Debt | $-91.83K | $-854.23K | $-1.81M | $-2.28M | $-598.11K | $-2.47M | $-884.86K | $-1.71M | $-2.41M | $-417.76K | $-1.06M | $-668.78K | $-395.57K | $-75.57K | $-468.26K | $-477.53K | $-702.77K | $-9.97K | $-13.52K | $-26.93K |
Annual Cash Flow
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|
Net Income | $-5.44M | $-4.90M | $-2.44M | $-912.49K | $-723.73K |
Depreciation and Amortization | $77.44K | $25.65K | $- | $- | $- |
Deferred Income Tax | $- | $- | $- | $- | $- |
Stock Based Compensation | $386.50K | $585.09K | $706.17K | $- | $- |
Change in Working Capital | $307.42K | $325.96K | $-1.27M | $392.09K | $213.37K |
Accounts Receivables | $639.40K | $624 | $-1.10M | $164.72K | $103.10K |
Inventory | $- | $- | $- | $-164.72K | $-116.77K |
Accounts Payables | $- | $- | $- | $228.34K | $116.77K |
Other Working Capital | $-331.99K | $325.34K | $-162.06K | $163.74K | $110.27K |
Other Non Cash Items | $-256.16K | $-335.43K | $420.00K | $272.25K | $-250 |
Net Cash Provided by Operating Activities | $-4.93M | $-4.30M | $-2.58M | $-248.15K | $-510.61K |
Investments in Property Plant and Equipment | $- | $-85.00K | $- | $- | $- |
Acquisitions Net | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- |
Other Investing Activities | $- | $- | $- | $- | $- |
Net Cash Used for Investing Activities | $- | $-85.00K | $- | $- | $- |
Debt Repayment | $-60.00K | $-25.00K | $- | $- | $- |
Common Stock Issued | $5.51M | $3.38M | $2.52M | $750.00K | $- |
Common Stock Repurchased | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- |
Other Financing Activities | $-677 | $2.26M | $250.18K | $-51.26K | $- |
Net Cash Used Provided by Financing Activities | $5.45M | $5.61M | $2.78M | $698.75K | $- |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
Net Change in Cash | $521.07K | $1.23M | $191.25K | $450.59K | $-510.61K |
Cash at End of Period | $2.42M | $1.89M | $668.78K | $477.53K | $26.93K |
Cash at Beginning of Period | $1.89M | $668.78K | $477.53K | $26.93K | $537.55K |
Operating Cash Flow | $-4.93M | $-4.30M | $-2.58M | $-248.15K | $-510.61K |
Capital Expenditure | $- | $-85.00K | $- | $- | $- |
Free Cash Flow | $-4.93M | $-4.39M | $-2.58M | $-248.15K | $-510.61K |
Cash Flow Charts
Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $-685.85K | $-1.37M | $-770.98K | $-995.25K | $-1.67M | $-1.78M | $-997.91K | $-2.30M | $-930.03K | $-873.81K | $-803.86K | $-477.59K | $-530.57K | $-494.30K | $-941.24K | $-733.46K | $-43.90K | $-46.33K | $-88.80K | $-146.23K |
Depreciation and Amortization | $19.40K | $19.40K | $19.40K | $19.40K | $19.40K | $19.40K | $19.24K | $25.65K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Deferred Income Tax | $- | $- | $- | $1.20M | $-306.91K | $- | $- | $-25.65K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Stock Based Compensation | $56.31K | $59.48K | $57.04K | $83.53K | $113.81K | $134.93K | $54.23K | $75.71K | $308.89K | $200.49K | $100 | $136.64K | $- | $- | $569.53K | $- | $- | $- | $- | $- |
Change in Working Capital | $-152.26K | $339.55K | $230.46K | $1.03M | $-843.50K | $19.25K | $97.92K | $829.59K | $-1.36M | $-225.21K | $1.08M | $-1.19M | $191.40K | $-188.40K | $-82.31K | $229.97K | $43.21K | $44.03K | $74.88K | $122.67K |
Accounts Receivables | $157.57K | $-62.30K | $266.80K | $1.24M | $-905.35K | $-53.10K | $357.85K | $1.69K | $-2.04M | $-49.54K | $1.02M | $-982.32K | $-53.61K | $-42.30K | $-26.13K | $182 | $-5 | $-7 | $-6 | $111 |
Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Working Capital | $-309.84K | $401.85K | $-36.34K | $-206.25K | $61.85K | $72.35K | $-259.94K | $827.90K | $684.04K | $-175.67K | $56.42K | $-204.77K | $245.00K | $-146.10K | $-56.18K | $-6 | $2 | $2 | $2 | $-5 |
Other Non Cash Items | $2.46K | $2.74K | $-172.79K | $-1.13M | $-92.60K | $153.43K | $4.04K | $-223.65K | $-186.13K | $250.03K | $100.00K | $1.12M | $53.61K | $270.00K | $150.00K | $278.25K | $-5.25K | $-1.25K | $500 | $19.83K |
Net Cash Provided by Operating Activities | $-759.94K | $-951.91K | $-465.92K | $127.31K | $-2.78M | $-1.45M | $-822.48K | $-1.61M | $-2.16M | $-898.53K | $375.19K | $-1.53M | $-339.17K | $-412.70K | $-304.02K | $-225.24K | $-5.94K | $-3.55K | $-13.42K | $-3.73K |
Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $-85.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $3 |
Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Cash Used for Investing Activities | $- | $- | $- | $- | $- | $- | $- | $-85.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $3 |
Debt Repayment | $-15.00K | $-15.00K | $-15.00K | $-15.00K | $-15.00K | $-15.00K | $-15.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock Issued | $- | $- | $- | $1.69M | $1.00M | $3.04M | $- | $1.22M | $2.16M | $252.32K | $20.00K | $1.80M | $700.00K | $20.00K | $294.75K | $51.26K | $- | $- | $- | $- |
Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $- | $- | $- | $-131.92K | $-88.70K | $3.04M | $- | $-36.64K | $2.00M | $252.32K | $20.00K | $-3.75K | $-40.82K | $20.00K | $294.75K | $- | $698.75K | $- | $- | $- |
Net Cash Used Provided by Financing Activities | $-15.00K | $-15.00K | $-15.00K | $1.54M | $896.30K | $3.02M | $-15.00K | $1.18M | $4.16M | $252.32K | $20.00K | $1.80M | $659.18K | $20.00K | $294.75K | $51.26K | $699 | $- | $- | $- |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $-774.94K | $-966.91K | $-480.92K | $1.67M | $-1.88M | $1.58M | $-837.48K | $-517.59K | $1.99M | $-646.21K | $395.19K | $273.21K | $320.01K | $-392.70K | $-9.27K | $-225.24K | $692.80K | $-3.55K | $-13.42K | $-586 |
Cash at End of Period | $192.89K | $967.83K | $1.93M | $2.42M | $747.67K | $2.63M | $1.06M | $1.89M | $2.41M | $417.76K | $1.06M | $668.78K | $395.57K | $75.57K | $468.26K | $477.53K | $702.77K | $9.97K | $13.52K | $26.93K |
Cash at Beginning of Period | $967.83K | $1.93M | $2.42M | $747.67K | $2.63M | $1.06M | $1.89M | $2.41M | $417.76K | $1.06M | $668.78K | $395.57K | $75.57K | $468.26K | $477.53K | $702.77K | $9.97K | $13.52K | $26.93K | $27.52K |
Operating Cash Flow | $-759.94K | $-951.91K | $-465.92K | $127.31K | $-2.78M | $-1.45M | $-822.48K | $-1.61M | $-2.16M | $-898.53K | $375.19K | $-1.53M | $-339.17K | $-412.70K | $-304.02K | $-225.24K | $-5.94K | $-3.55K | $-13.42K | $-3.73K |
Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $-85.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $3 |
Free Cash Flow | $-759.94K | $-951.91K | $-465.92K | $127.31K | $-2.78M | $-1.45M | $-822.48K | $-1.70M | $-2.16M | $-898.53K | $375.19K | $-1.53M | $-339.17K | $-412.70K | $-304.02K | $-225.24K | $-5.94K | $-3.55K | $-13.42K | $-3.73K |
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Consolidated Lithium Metals Announces $300,000 Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 14, 2025 (GLOBE NEWSWIRE) -- CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) announces today that it intends to complete a best efforts non-brokered private placement financing of up to 30,000,000 units (each, a “Unit”) at a price of $0.01 per Unit for gross proceeds of up to $300,000 (the “Offering”).

Consolidated Lithium Closes Private Placement Flow-Through Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.025 per Unit for gross proceeds of $300,000 (the “Offering”).

CLM Provides Update on $300,000 Private Placement Flow-Through Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company”) announces today that it has amended the terms of its previously announced non-brokered private placement financing (the “Initial Offering”). The Initial Offering previously consisted of up to 15,000,000 common shares of the Company issued on a “flow-through basis” at a price of $0.02 per share for gross proceeds of up to $300,000.

CLM Intersects 1.18% Li2O over 4.00 m at Vallée East Project
TORONTO, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that the Company has received assay results from the spring 2024 diamond drilling program on the 100%-owned East Vallée Project. The objective of the spring drilling program was to confirm the presence and extension onto the East Vallée Project of the defined lithium-bearing pegmatites intersected by the Company during its 2023 drilling program on the adjacent Vallée Joint Venture Property.

CLM Announces $300,000 Private Placement Flow-Through Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company”) announces today that it intends to complete a best efforts non-brokered private placement financing of up to 15,000,000 common shares of the Company (each, a “Flow-Through Share”) issued on a “flow-through basis” (the “Offering”).

CLM Announces 2024 AGM Results
TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company”) reports that the nominees listed in the Management Information Circular dated May 15, 2024, (the “Circular”) for the 2024 Annual and Special Meeting of Shareholders of the Company (the “Meeting”) were elected as directors of the Company. A total of 25.42% of all of the issued and outstanding shares of the Company were represented at the Meeting.

Lithium Drilling Program Commences at East Vallée
TORONTO, June 03, 2024 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that the Phase I 2024 drilling program has commenced on the Company's East Vallée Lithium Project, located in the Abitibi Greenstone Belt approximately 30 km northwest of Val-d'Or, Quebec (see Figure 1). The East Vallée Project is located immediate east and adjacent to the Company's Vallée JV Project (75% CLM and 25% Sayona Mining) and only 1,000 m east and along strike of Sayona's North American Lithium (“NAL”) Mine, the largest operating lithium mining facility in North America.

Consolidated Lithium Announces Vallée JV Intersects 1.04% Li2O over 7.15 m
TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that joint venture partner North American Lithium, Sayona Mining Inc.'s majority-owned subsidiary, (“NAL”) has reported to the Company the final set of assay results from the last 40 holes of the 2023 summer drilling program at the Vallée joint venture (the “Vallée JV”) lithium project, located approximately 30 km north of Val-d'Or, Quebec within the heart of the Vallée Lithium Corridor (see Figure 1). The 2023 summer drilling program consisted of 58 holes totaling 15,607 m.

Vallée Drilling Intersects 1.04% Li2O over 6.46 m
TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that joint venture partner North American Lithium (“NAL”) has reported to the Company the first set of assay results from the summer drilling program at the Vallée joint venture (the “Vallée JV”) lithium project (the “JV Property”), located approximately 30 km north of Val-d'Or, Quebec within the heart of the Vallée Lithium Corridor. NAL and CLM (the “JV Partners”) elected to expand the summer program to 58 holes totaling 15,607 m, which has now been completed. NAL is a wholly owned subsidiary of Sayona Quebec Inc., which is owned 75% by Sayona Mining Limited and 25% by Piedmont Lithium Inc.

Consolidated Lithium Closes Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.06 per Unit for gross proceeds of $1,687,591 (the “Offering”).

Consolidated Lithium Announces $3,000,000 Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) announces that it intends to complete a best efforts non-brokered private placement financing of up to 50,000,000 units (each, a “Unit”) at a price of $0.06 per Unit for gross proceeds of up to $3,000,000 (the “Offering”).

Drilling Commences on CLM's Vallée Joint Venture
TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that the 2023 drilling program is underway at the Company's Vallée joint venture (the “Vallée JV”) lithium project, located approximately 30 km north of Val-d'Or, Quebec within the heart of the Vallée Lithium Corridor.

Consolidated Lithium Metals Closes Final Tranche of Flow-Through Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that it has closed its third and final tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for proceeds of $1,000,000 (the “Final Tranche”). In total, an aggregate of 21,250,000 Flow-Through Shares were issued by the Company pursuant to the Offering for proceeds of $1.7 million.

Consolidated Lithium Metals Reduces Group of Marketing Firms
TORONTO, July 31, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (the “Company“) announces today that it has mutually agreed with Rumble Strip Media Incorporated not to proceed with the latter's engagement as an investor relations service provider for assistance with its investor awareness marketing campaign. For more information about the proposed engagement, please see the Company's press release dated June 7, 2023, which is available under the Company's SEDAR profile at www.sedarplus.ca.

Consolidated Lithium Metals Announces New Website & Investor Deck
TORONTO, July 26, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that its name change approved by shareholders at the Company's most recent annual and special meeting has officially taken place and that its ticker symbol on the TSX Venture Exchange (“TSXV”) has also been changed to “CLM”.

Consolidated Lithium Acquires Additional Lithium Mining Concessions in Quebec and Upsizes Flow-Through Financing
TORONTO, July 20, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that it has acquired 24 mineral claims representing 1,283.08 hectares of concessions in the James Bay/Eeyou Istche region of Quebec (the “Claims”) from a wholly owned subsidiary (“Subco”) of AmmPower Corp. (CSE: AMMP) (“AmmPower”), subject to the terms and conditions set out in the corresponding asset purchase agreement dated as of July 20, 2023 (the “Agreement”).

Consolidated Lithium Exploration at Baillargé, including a 4,500 m Diamond Drill Program
TORONTO, July 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce that exploration activities have commenced at the Company's 100% owned Baillargé Lithium Project, located in the Abitibi Greenstone Belt approximately 21 km northwest of Val-d'Or, Quebec (see Figures 1 & 2). The commencement of the summer program was delayed due to the volatile forest fire situation in Northern Quebec.

Jourdan Starts Soil Sampling Program at Preissac-La Corne and Baillargé Projects; Jourdan Expects to Announce Initial Mineral Resource Estimate on Vallée in Near Future
TORONTO, July 25, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF, FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has commenced a soil sampling program on the majority of its claims located in the long-established lithium mining district of Preissac-La Corne, which is approximately 35km north of Val-d'Or in Quebec, Canada.

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