Jameson Resources Launches A$5.25M Capital Raise

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

Jameson Resources Limited has launched a capital raising of A$5.25 million through a two-tranche placement to fund the Crown Mountain Hard Coking Coal Project, aiming for environmental approvals and Indigenous engagement. The placement, priced at a 3% discount, invites existing shareholders and sophisticated investors, with directors of the company also committing to participate. Raised funds will support technical studies, regulatory submissions, Indigenous partnerships, and general corporate expenses.

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