Chart usGOLD   Chart usSILVER  
 
Food for thought
The first casualty when war comes is truth
Hiram Johnson  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1271.31-15.33
Silver 19.21-0.25
Platinum 1413.30-3.40
Palladium 879.42-24.48
WORLD MARKETS
DOWJONES 1709815
NASDAQ 458023
NIKKEI 15669192
ASX 565728
CAC 40 43877
DAX 953051
HUI 2463
XAU 1021
CURRENCIES (€)
AUS $ 1.4125
CAN $ 1.4309
US $ 1.3112
GBP (£) 0.7930
Sw Fr 1.2070
YEN 137.5920
CURRENCIES ($)
AUS $ 1.0773
CAN $ 1.0913
Euro 0.7626
GBP (£) 0.6048
Sw Fr 0.9205
YEN 104.9250
RATIOS & INDEXES
Gold / Silver66.18
Gold / Oil13.28
Dowjones / Gold13.45
COMMODITIES
Copper 3.150.00
WTI Oil 95.74-0.22
Nat. Gas 4.01-0.05
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Olitra Private Placement, JAG Oil and Gas Subsidiary
Published : February 04, 2013
( 0 vote, 0/5 ) Print article
     
Tweet
Keywords :   J.a.g. | Oil | Total |

MONTRÉAL, QUÉBEC--(Marketwire - Feb. 4, 2013) - J.A.G. Mines Ltd (News - Market indicatorswishes to announce that its majority-owned subsidiary Olitra Inc. (OLITRA) is currently completing a private placement in the amount of up to three hundred and fifty thousand dollars ($350,000). This placement is being offered in units of $5,000 to arm's length accredited investors. 

OLITRA plans to issue a total of up to three million five hundred thousand (3,500,000) shares at a price of $ 0.10 per share. As a result of this financing, JAG's equity position in OLITRA will be reduced by a maximum of 4.5% - from 67% to 62.5%. Olitra will use these proceeds to support its working capital requirements, including property renewal payments and legal and administration expenses related to Olitra's planned Listing.

Pursuant to the closing of its private placement, OLITRA plans to list with the TSX Ventures exchange. OLITRA anticipates that the Listing will be realized via a Qualifying Transaction (QT) with a Canadian Pool Corporation (CPC) or a reverse takeover (RTO) via a TSX-V listed firm. The shares issued in this private placement will not be consolidated during the Listing process.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Pierre Gevry, President
Les Mines J.A.G. Ltee
g.m.st.jacques@gmail.com
514-849-7336
514-849-9260 (FAX)
or
Charles Alexander, President
Olitra Inc.
calexander@olitrainc.com
514-849-0495
514-849-9260 (FAX)
www.olitrainc.com
Tweet

Les Mines JAG Ltee

CODE : JML.V
ISIN : CA4660801081
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Email Alert Add to Watchlist Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Les Mines JAG Ltee
4/4/2013Private Placement of Up to $240,000
2/4/2013Olitra Private Placement, JAG Oil and Gas Subsidiary
1/8/2013Closes $340,000 Private Placement
11/30/2012Private Placement of J.A.G.
9/24/2012Private Placement of Up to $1,000,000. Flow-Through Units
4/11/2011Ltd/Olitra Inc.: Closing of a $750,000 Olitra Inc.-Private P...
Nominations of Les Mines JAG Ltee
2/23/2011J.A.G. resignation of Richard Boudreault, director
2/23/2011Resignation of a Director
Corporate news of Les Mines JAG Ltee
8/6/2013Revocation of Cease Trade Order
5/8/2013Cease Trade Order on JAG stock
1/9/2013CORRECTION FROM SOURCE/J.A.G. Mines Ltd.: Final Closing $340...
7/14/2011Is Active on Its Polymetallic Property of St-Robert
3/15/2011Ltd/Olitra Inc.: Fifth Year of Conventional Natural Gas Rese...
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (JML.V)
0.045+12.50%
TSX-V
CA$ 0.045
08/29 09:29 0.010
12.5%
Prev close Open
0.040 0.045
Low High
0.045 0.045
Year l/h YTD var.
0.040 -  0.080 -25.00%
52 week l/h 52 week var.
0.040 -  0.080 -35.71%
Volume 1 month var.
2,000 -10.00%
24hGold TrendPower© : -27
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
TOP NEWSRELEASES
MOST READ
Annual variation
DateVariationHighLow
2014-25.00%0.080.05
20130.00%0.110.04
2012-45.45%0.130.05
2011-45.00%0.290.09
20105.26%0.200.11
 
5 years chart
 
3 months chart
 
3 months volume chart