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Jade Gas Holdings Limited ( (AU:JGH) ) has issued an announcement.
Jade Gas Holdings Limited has announced the issuance of 147 million fully paid ordinary shares without disclosure under the Corporations Act, as part of a Share Purchase Plan (SPP) aimed at raising up to A$2.1 million. This strategic move is expected to bolster the company’s financial position, potentially enhancing its market operations and providing flexibility to accept oversubscriptions, indicating a proactive approach to capital management.
More about Jade Gas Holdings Limited
Jade Gas Holdings Limited operates in the energy sector, focusing on the exploration and development of gas resources. The company is listed on the Australian Securities Exchange under the ticker JGH and is involved in initiatives to raise capital for its operations.
Average Trading Volume: 601,024
Technical Sentiment Signal: Sell
Current Market Cap: A$57.35M
Find detailed analytics on JGH stock on TipRanks’ Stock Analysis page.