Jaeger Resources Corp. Settles Debt and Boosts Capital
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Jaeger Resources Corp. Settles Debt and Boosts Capital

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Jaeger Resources Corp (TSE:JAEG.H) has released an update.

Jaeger Resources Corp. has successfully completed a $300,000 private placement and used the funds to settle $223,229.70 of debt through a shares-for-debt agreement. The net proceeds are allocated for general working capital and paying down specific payables, including loans to current and former directors.

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