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Financings

JZR Gold Announces Full Exercise of Warrants for Proceeds of $1.6 Million

By The Northwire Desk — AI Analysis Oct 31, 2025 · 09:00 JZR · 0.58 JZR Gold Inc.
JZR · Price

Executive Summary

  • JZR Gold Inc. received total proceeds of $1,600,000 from the exercise of 4,000,000 share purchase warrants at $0.40 per share.
  • The exercised warrants resulted in the issuance of 4,000,000 common shares to warrant holders.
  • Proceeds are earmarked for general working capital purposes.

Key Details

  • Warrant Exercise Price: $0.40 per share.
  • Number of Warrants Exercised: 4,000,000 (each convertible into one common share).
  • Total Gross Proceeds: $1,600,000.
  • Shares Issued Upon Exercise: 4,000,000 common shares.
  • Source of Warrants: Issued in connection with the Company’s private placement that closed in October 2023.
  • Use of Proceeds: General working capital.

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

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