JZR Gold Completes $1.8 Million Private Placement

Vancouver, British Columbia — July 22, 2025 — NewsWall — JZR Gold Inc. has completed a non-brokered private placement, issuing 6,000,000 units at $0.30 per unit, raising CAD$1,800,000. Due to investor interest, the offering was increased from $1,500,000.

Each unit includes one common share and one common share purchase warrant. Warrants are exercisable into one additional share at $0.40 for two years, subject to acceleration if the company’s share price reaches $0.75 for 10 consecutive trading days.

The company will use the proceeds to fund operations at its 800 tonne-per-day gravimetric mill and for exploration work on the Vila Nova Gold project in Brazil. ECO Mining Oil & Gaz Drilling and Exploration Ltda. (EIRELI) has advised JZR that the Mill is fully operational, but ECO is completing a few minor improvements to the Mill to improve operational efficiency. Further updates are expected soon.

Contact: Robert Klenk, Chief Executive Officer, rob@jzrgold.com

Source: JZR Gold Inc.