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Jade Gas Holdings Limited ( (AU:JGH) ) has shared an announcement.
Jade Gas Holdings Limited has announced the closing date for its Share Purchase Plan (SPP), which allows eligible shareholders to purchase up to A$30,000 of ordinary shares at A$0.035 per share. The SPP is set to close on 21 November 2025, with the results to be announced and shares issued by 28 November 2025. This initiative is part of Jade’s strategy to strengthen its financial position as it continues to explore and develop its CBM projects in Mongolia, aiming to enhance energy security and environmental quality in the region.
More about Jade Gas Holdings Limited
Jade Gas Holdings Limited is a gas exploration company that focuses on the coal bed methane (CBM) potential in Mongolia. The company’s flagship project is the Coal Bed Methane gas project in the Tavantolgoi XXXIII unconventional oil basin, managed through its subsidiary Methane Gas Resource LLC in partnership with Erdenes Methane LLC, a representative of the Mongolian Government. Jade also collaborates with Mongolia Mining Corporation Limited on the BNG Project and holds two prospective CBM permits, Shivee Gobi and Eastern Gobi, covering over 18,000 km2. The company aims to develop its projects to provide a reliable gas supply to Mongolia’s power and transport sectors, reducing reliance on imported fuels and improving environmental outcomes.
Average Trading Volume: 1,047,862
Technical Sentiment Signal: Sell
Current Market Cap: A$64.25M
See more data about JGH stock on TipRanks’ Stock Analysis page.