Jourdan Transfer Its Uranium Assets to Gimus Resources Inc. and Completes $370,000 Financing for New Subsidiary

JOURDAN RESOURCES INC. (TSX VENTURE:JOR) ("Jourdan" or the "Company") announces that it has entered into an acquisition agreement (the "Agreement") with its subsidiary, Gimus Resources Inc. ("Gimus"). The Agreement concerns the transfer, as previously announced, of the Johann-Beetz property in exchange for 3,000,000 common shares of Gimus at a deemed price of $0.10 per share ($300,000). The $300,000 sales price represents approximately half the book value, of these assets as of the date of the closing.

The Company intends to distribute to its shareholders, after the closing of Gimus' IPO, all of the 3,000,000 common shares received from the sale of the Johann-Beetz property.

Following the closing of the Agreement, Jourdan retains its core rare metals and high technology metals assets.

Jourdan is also please to report that it has completed a private placement (the "Offering") for its subsidiary, Gimus, of 3,700,000 common shares at a price of $0.10 per share for aggregate proceeds of $370,000. Insiders of Jourdan purchased, directly or indirectly, approximately $95,000 of the Offering.

The net proceeds of the Offering will be used to prepare Gimus' IPO in the context of the previously announced spin out transaction and for working capital purposes. Following completion of the Offering, Jourdan retains a 45% interest in Gimus.

Gimus intends to file within the following weeks, its preliminary prospectus. The public offering will involve a minimum offering of $300,000 with a syndicate of agents led by Jones Gable & Company Limited (collectively, the "Agents"). The Agents are to act on a commercially reasonable effort basis for this offering. Details of the offering will be released on filing of the preliminary prospectus.

About Jourdan Resources Inc.

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 ("HTM's") 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.

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.

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.

Contacts: Michael Dehn President, CEO and Director [phone] [phone] (FAX)[e-mail] Guy Girard VP Finance and Director [phone] [phone] (FAX)[e-mail]