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Financings

JZR Gold receives $1.6M from exercise of 4M warrants

By The Northwire Desk — AI Analysis Oct 31, 2025 · 16:45 JZR · 0.52 JZR Gold Inc.
JZR · Price

Executive Summary

  • JZR Gold Inc. received $1.6 million from the full exercise of 4 million share purchase warrants.
  • Each warrant was exercised at $0.40 per share, resulting in the issuance of 4 million new common shares.
  • Proceeds are earmarked for general working capital purposes.

Key Details

  • Total proceeds: $1.6 million.
  • Warrants exercised: 4 million (issued in connection with the October 2023 private placement).
  • Exercise price per warrant/share: $0.40.
  • New common shares issued to warrant holders: 4 million.
  • Use of proceeds: general working capital.

Notable Quotes

(No quotes provided in the release.)

Read the original news release →

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