FINWIRES · TerminalLIVE
FINWIRES

ASX:JGH

3 stories mentioning ASX:JGH

Every FINWIRES story that references ASX:JGH, newest first.

Asia

Jade Gas Holdings Secures AU$12 Million Through Placement; Shares Up 5%

Jade Gas Holdings (ASX:JGH) raised AU$12 million through a placement to sophisticated and professional investors, issuing 150 million shares at AU$0.08 per share, representing an over 11% premium to its 15-day volume-weighted average price, according to a Friday Australian bourse filing.The proceeds will be used to advance commercial and strategic initiatives, progress project development milestones, fund offer-related costs, and support working capital requirements, the filing added.The company's shares rose 5% in recent Friday trade.

ASX:JGH
Asia

Jade Gas' Maiden Reserves Receives Approval From Mongolian Minerals Reserves Council

Jade Gas' (ASX:JGH) maiden gas reserves at the Tavan Tolgoi project received approval from the Mongolian Minerals Reserves Council, according to a Monday filing with the Australian bourse.The approval enables the formal lodgment of the plan for development and operations for the project and allows the company to apply for a production license, the filing said.

ASX:JGH
Wire

Jade Gas Holdings Gets Mongolian Authority Approval for Coal Bed Methane Project Appraisal Report

Jade Gas Holdings (ASX:JGH) received approval from the Mineral Resources and Petroleum Authority of Mongolia for its appraisal report for the Tavantolgoi coal bed methane project, according to a Tuesday Australian bourse filing.The next stage in securing a long-term production license for the project is reserve booking, which will validate and register the company's maiden gas reserves under Mongolia's mineral and petroleum reporting standards, per the filing.The company's shares fell nearly 2% in recent trading on Tuesday but earlier hit their highest since May 2024.

ASX:JGH