James Bay Resources (TSE:JBR) has released an update.
James Bay Resources Limited has successfully closed the second tranche of its offering, raising CDN$127,000 in convertible debentures, with a total of CDN$377,000 raised to date. The company has also initiated legal action against Wynn Resorts Ltd., alleging negligence, unjust enrichment, and knowing receipt of trust monies related to investment fraud perpetrated by David Bunevacz.
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