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14 Jun
01:26

Jameson Resources raises funds for Crown Mountain

Australia-listed coal miner Jameson Resources has announced an AUD 5.25 million ($3.48m) capital raising for its Crown Mountain hard coking coal project in Canada. Kallanish notes from its statement that the company has received binding commitments from existing shareholders and sophisticated investors to raise the fund through the issue of approximately 175 million new fully paid ordinary shares at a price of AUD 0.03 per new share via a two tranche share placem…
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