MONTREAL, QUEBEC--(Marketwired - June 16, 2016) - J.A.G. Mines Ltd. (JAG) (TSX VENTURE:JML) and its subsidiary Olitra welcome with great interest the recent announcement made by the Minister of Energy and Natural Resources, Mr. Pierre Arcand, offering his support to a new oil project in the region of T�miscouata (Lower St-Lawrence). Specifically, it is a project of the company Squatex Energy and Resources Inc., and it is located near Rimouski.