JOR Jourdan Resources Inc

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JOURDAN RESOURCES INC. (TSX VENTURE:JOR) ("JOURDAN" or the "Company")
(www.jourdan.ca) is pleased to announce that it has completed the closing of the
first tranche of a private placement of units for a maximum gross proceeds of
$2,500,000 at a price of $1,250 per flow through units (the "FT Units") and
$1,000 per non flow-through units (the "HC Units"), (i) each FT Unit is
comprised of 10,000 flow-through common shares and 5,000 common share purchase
warrants (the "FT Warrants") and (ii) each HC Unit is comprised of 10,000 common
shares and 5,000 common share purchase warrants (the "HC Warrants"). Each FT
warrant entitles the holder to purchase one additional common share at a price
of $0.25 and each HC warrant entitles the holder to purchase one additional
common share at a price of $0.20 on or before June 9, 2013.


The net proceeds from the private placement will be used to for exploration
work, the expansion of the sales and marketing team as well as for working
capital purposes.


The units have been sold to "accredited investors" in the Province of Ontario
and elsewhere on a prospectus-exempt basis. The second tranche closing is
expected to occur no later than January 31, 2011. 


The closing of this first tranche results in the issuance of 640 FT Units and
250 HC Units for aggregate gross proceeds to the Company of $1,050,000. 


In connection with the private placement, Aberdeen Gould Capital Markets Ltd., a
registered Exempt Market Dealer, received $84,000 and 71 HC Units as finder's
fee. 


The securities issued by Jourdan under the private placement are subject to a
four-month hold period expiring on April 10, 2012, in accordance with applicable
securities laws. The private placement is subject to final regulatory approval
from the TSX Venture Exchange.


JOURDAN also wishes to announce that it has completed a major update to its
website, www.jourdan.ca and work is commencing to have the website available in
French as well.


About Jourdan Resources

Jourdan Resources Inc. is a Canadian junior mining exploration company trading
under the symbol JOR on the TSX Venture Exchange. The Company is focused on the
acquisition, exploration, production, and development of mining properties in
phosphates and Rare Metals or High Technology Metals ("HTMs") sectors of eastern
Canada. The Company's properties are currently at the exploration stage and are
located along the North Shore, the Mauricie, the Abitibi and James Bay regions
of Quebec. 


Please visit the Company's website at www.jourdan.ca

Neither the 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. Statements in this
release that are not historic facts are "forward-looking statements" and readers
are cautioned that any such statements are not guarantees of future performance,
and that actual developments or results, may vary materially from those in these
"forward-looking statements.

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