Chart usGOLD   Chart usSILVER  
 
Food for thought
The price of anything is the amount of life you exchange for it
Henry David Thoreau  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1288.30-0.98
Silver 19.550.08
Platinum 1420.250.55
Palladium 892.25-1.00
WORLD MARKETS
DOWJONES 17080-39
NASDAQ 4558-12
NIKKEI 15432-28
ASX 5621-28
CAC 40 4366-29
DAX 9463-107
HUI 2423
XAU 1011
CURRENCIES (€)
AUS $ 1.4095
CAN $ 1.4310
US $ 1.3177
GBP (£) 0.7946
Sw Fr 1.2063
YEN 136.7980
CURRENCIES ($)
AUS $ 1.0697
CAN $ 1.0857
Euro 0.7589
GBP (£) 0.6031
Sw Fr 0.9154
YEN 103.8060
RATIOS & INDEXES
Gold / Silver65.90
Gold / Oil13.60
Dowjones / Gold13.26
COMMODITIES
Copper 3.150.01
WTI Oil 94.750.20
Nat. Gas 4.050.00
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)
0.040+0.00%
TSX-V
CA$ 0.040
08/28 15:59 -
0%
Prev close Open
0.040 0.040
Low High
0.040 0.040
Year l/h YTD var.
0.040 -  0.080 -33.33%
52 week l/h 52 week var.
0.040 -  0.080 -42.86%
Volume 1 month var.
10,000 -20.00%
24hGold TrendPower© : -28
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
Annual variation
DateVariationHighLow
2014-33.33%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