Jazz Resources Inc. Announces Effective Date of Name Change

October 18, 2022 – TheNewswire – Vancouver, British Columbia, Canada – Jazz Resources Inc. (the “Company” or “JZR”) (TSXV:JZR) is pleased to announce that, further to its news release dated September 7, 2022, it will be changing its name from “Jazz Resources Inc” to “JZR Gold Inc.”.  The name change will become effective on Wednesday, October 19, 2022 and, at the opening of the market on October 19, 2022, the Company’s common shares on the TSX Venture Exchange will trade under the new name. The Company’s trading symbol, “JZR”, will remain the same.

The CUSIP number assigned to the Company’s common shares under its new name will be 482231107.  There is no consolidation of the Company’s share capital in connection with the name change and, as a result, certificates representing common shares of the Company will not be affected by the name change and shareholders will not be required to exchange their shares or take any other action.

For further information, please contact:

Robert Klenk

Chief Executive Officer

[email protected]

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 press release.

None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the United States or “U.S. persons” (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

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