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JAMESON RESOURCES LIMITED — Board/Management Information 2014
Dec 16, 2014
65152_rns_2014-12-16_30722f80-d482-41ca-a002-085eead3262d.pdf
Board/Management Information
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17 DECEMBER 2014
Fast Facts
ASX: JAL
Appointment of Chairman
| Share Price Range (6mths)Shares on issue | $0.08 - $0.16203,965,619 |
|---|---|
| Options ($0.16 - $0.20) | 16,300,000 |
| Market Capitalisation | ~$15M |
Major Shareholders (as at December 12, 2014)
| Macquarie Metals & EnergyRobert J Devereux | 9.8%5.4% |
|---|
Directors & Management
David Fawcett (Chairman) Art Palm (Executive Director & CEO) Jeff Bennett (Non Executive Director) Steve van Barneveld (Non Exec Director)
Jameson Resources Limited (“Jameson” or the “Company”) is pleased to advise that it has appointed Mr Art Palm to the position of acting Executive Chairman, effective 1 January 2015. Mr Palm is the Chief Executive Officer and has been a director of the Company since August 2009.
David Fawcett announced his resignation as Chairman and non-executive Director effective 31 December 2014.
Mr Palm will retain the position of acting Executive Chairman whilst the board evaluates the Company’s board and management structure going forward in the current economic environment.
On behalf of the board
Key Projects
Crown Mountain Coking Coal Project Elk Valley Coal Field, Canada Dunlevy Metallurgical Coal Project Peace River Coal Field, Canada
Suzie Foreman Company Secretary
Investment Highlights
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Positioned in world class metallurgical coalfields
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Significant development expertise on board with successful track record
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Modern rail and port facilities
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Strong financial position
Newsflow / Catalysts
Crown EA work groups Q1 2015e Crown PFS enhancements Q1 2015e Crown contractor strategy Q1 2015e Crown blending strategy Overview Q1 2015e
Contact Details
Australia
Suite 1, Ground Floor, 83 Havelock Street West Perth, WA 6005 Overview P +61 (8) 9200 4473 F +61 (8) 9200 4463
- E [email protected] .au
Canada
S8, 1199 West Hastings, Vancouver P +1 (604) 629-8605
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About Jameson Resources Limited
Jameson Resources Limited (ASX:JAL) is a junior resources company focused on the acquisition, exploration and development of strategic coal projects in western Canada. The Company has a 90% interest in the Crown Mountain coal project, and a 100% interest in the Peace River coal projects located in British Columbia. Jameson’s tenement portfolio in British Columbia is positioned in coalfields responsible for the majority of Canada’s metallurgical coal exports and are all close to railways connecting to export facilities.
To learn more, please contact the Company at +61 89200 4473, or visit: www.jamesonresources.com.au
Forward Looking Statements
This announcement contains “forward-looking statements”. Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to commodity prices and foreign exchange rate movements; estimates of future production and sales; estimates of future cash flows, the sensitivity of cash flows to commodity prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of resources and statements regarding future exploration results; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to commodity price volatility, currency fluctuations, increased production costs and variances in resource or reserve rates from those assumed in the company’s plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s Annual Reports, as well as the Company’s other filings. The Company does not undertake any obligation to release publicly any revisions to any “forward looking statement” to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
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