JKS Resources Inc. announced a non-brokered private placement of 12,500,000 Subscription Receipts at a price of CAD 0.30 per subscription receipt for gross proceeds of approximately CAD 3,750,000, with each share receipt automatically being exercised into one common share; and a best-efforts brokered private placement of 17,500,000 subscription receipts at a price of CAD 0.50 per subscription receipt for gross proceeds of approximately CAD 8,750,000, with each unit receipt automatically being exercised into one common share and one-half of one common share purchase warrant exercisable for a period of three year on January 15, 2024.