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Jade Gas Secures A$1.8M to Launch Mongolia’s First Commercial Gas Operation

9:20am on Tuesday 31st of March, 2026 AEDT Energy
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Jade Gas Secures A$1.8M to Launch Mongolia’s First Commercial Gas Operation

9:20am on Tuesday 31st of March, 2026 AEDT
Key Points
  • A$1.8 million placement at A$0.03 per share with attaching options
  • Funds to support commercialisation and strategic initiatives for Red Lake gas field
  • Placement priced at 10.5% premium to recent VWAP
  • Jade’s TTCBM Project holds 246 Bcf contingent gas resource
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