Jade Gas (ASX:JGH) halts operations after chief executive appointment – ​​The Market Herald

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  • Jade Gas (JGH) enters a commercial break as she plans the details of an upcoming fundraiser
  • The company will remain on hiatus until April 28 at the earliest or when an announcement with more details is released.
  • On April 20, Jade Gas appointed its CEO Christopher Jamieson as Managing Director, effective immediately
  • Mr. Jamieson was appointed CEO in December 2021 and has overseen the delivery of up to six wells at its flagship TTCBM gas project in Mongolia.
  • Jade Gas shares last traded at 6.5 cents on April 21

Jade Gas (JGH) has halted business activities while planning details for an upcoming fundraiser.

The company will remain on hiatus until the earliest of April 28 or when an announcement with more details is released.

Jade Gas has yet to reveal how much it intends to raise or what it will use the funds for once received.

On April 20, Jade Gas has officially named its CEO Christopher Jamieson as managing director.

Mr. Jamieson was appointed CE in December 2021 and has overseen the delivery of up to six wells at the company’s flagship TTCBM gas project in Mongolia.

before joining Jade Gas, he spent over seven years at Beach Energy (BPT) and was a co-founder of capital markets and investor relations firm, Jamieson Capital.

This is the first commercial stop Jade Gas entered since listing on the ASX in October 2021 following a $7.5m fundraise.

Shares of Jade Gas last traded at 6.5 cents on April 21. The company has a market capitalization of $78.61 million.