Jameson Resources jumps most in over 13-1/2 years on premium placement

Jameson Resources

07/11/2022 24:28

** Shares of Australia's Jameson Resources  JAL.AX  rise as
much as 53.9% to A$0.1, set to gain most since Feb 2009
    ** The metallurgical coal explorer secures A$10 million 
($6.44 million) strategic placement  urn:newsml:reuters.com:*:nASXbZR1v1
    ** Says placement represents a subscription price of 11.55
AU cents per share; which represents a premium of 77.7% to co's
last close
    ** Stock hits its highest since Nov 2021
    ** 386,000 shares change hands, compared with the 30-day
average volume of 13,243 shares
    ** Stock has fallen 7.1% this year as of last close
($1 = 1.5538 Australian dollars)
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))