Jade completes AU$3.0 million placement

Nov 02, 2022

Jade Gas Holdings (ASX: JGH) announced that it has received strong commitments of AU$3 million via placement of shares and one option for every two shares subscribed at an exercise price of AU$0.075 and expiry of 30 November 2025).

 The funds raised will be used for:

  • Long lead items for drilling as well as pilot production program for 2023, include casing, well heads, pumps and pipe
  • 2D seismic survey over the Red Lake area.
  • Corporate and administration costs.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au