January 26, 2021
JNC Resources Commences Trading on 3:1 Share Split Basis
Trading Symbol: JNC (CSE) (OTCBB:JNCCF) (FRA:5VH)
VANCOUVER, BC / ACCESSWIRE / January 26, 2021/ JNC Resources Inc. (CSE:JNC) (OTCBB:JNCCF) (FRA:5VH) (“JNC” or the “Company”) is pleased to announce that trading of the Company’s common shares on a post-Split basis begins today on the CSE. With the approved forward split of three (3) new common shares for every one (1) common share there will be 60,786,000 issued and outstanding common shares in the capital of the Company. The Split will be carried out by way of the “push out” method requiring no action on the part of shareholders.
JNC CEO Michael Mulberry states “It may take a day for certain quotation systems to recognize the new structure and for shareholders to receive their shares however there will be no action required by our shareholders. We are very excited to have this corporate development complete and look forward to advancing our projects in 2021.”
About JNC Resources Inc.
JNC is a North American-based junior mineral exploration company with a goal to develop under-explored properties and benefit from deal flow generated by strategic partnerships and growth opportunities. Currently the Company is developing its 100% optioned Triple 9 Project in South Central British Columbia. The Triple 9 Project is a gold property with a new discovery of high levels of base metals, located 20 km from the town of Sicamous. JNC also has an option agreement with Great Basin Resources to acquire 100% control and interest in the Imperial Project in Nevada. The Imperial Property is located in Esmeralda County, Nevada, which has been a prolific mining area in the state. The Property is in close proximity to the town of Goldfields, where gold production occurred in the early part of the 20th century. JNC also recently optioned the Malebo and Solomon claims in the province of NSW Australia, subject to closing, with an exploration program planned in 2021.
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The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future of the Company and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.