Jameson Resources Advances with Capital Raise and Board Changes

Jameson Resources Limited (AU:JAL) has released an update.

Jameson Resources Limited has announced a successful A$5.25 million capital raise to advance its Crown Mountain Hard Coking Coal Project, involving environmental approvals and Indigenous engagement. The quarter also saw corporate restructuring with board changes, and the company highlighted its unique position as the only steelmaking coal development project in Canada to reach the environmental review phase with a smaller environmental footprint. Safety remains a priority with no recordable injuries during the quarter, maintaining their zero injury rates.

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