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James Bay Resources Limited Announces Closing of $3,810,670 Offering

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TORONTO, ONTARIO--(Marketwired - July 28, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. James Bay Resources Limited ("James Bay" or the "Company") (TSX VENTURE:JBR) today announced that it has raised gross proceeds of $3,810,670 by way of a non-brokered private placement (the "Offering") of 3,810,670 units ("Units") at a price of $1.00 per Unit, being the third and final tranche of its financing previously announced in its press release dated December 23, 2013. The second tranche of the financing (the "Second Tranche Offering") closed on June 4, 2014. In the course of all three tranches of the private placement James Bay issued a total of...

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