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JAMESON RESOURCES LIMITED — Board/Management Information 2016
Nov 10, 2016
65152_rns_2016-11-10_109c6d61-d5d9-4297-8f25-d53688926f7a.pdf
Board/Management Information
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11 NOVEMBER 2016
Resignation of Director
Fast Facts ASX: JAL
| Share Price Range (6mths) | $0.03 - $0.10 |
|---|---|
| Shares on Issue | 222,851,333 |
| OptionsExercise price | 7,142,857$0.105 |
| Market Capitalisation | ~$21M |
Major Shareholders (as at 2 November 2016)
| Zero Nominees Pty Ltd | 8.8% |
|---|---|
| JP Morgan Nominees | 6.8% |
| Hillboi Nominees | 5.5% |
Jameson Resources (“Jameson”, the “Company”) wishes to advise that in accordance with the ASX announcement made on 15 September 2016, Mr. Jeff Bennett resigned from the board following the appointment of Mr. Joel Nicholl’s by Jameson shareholders at yesterday’s annual general meeting.
The board would like to thank Mr Bennett for his service to the Company over the past 9 years. Jeff’s advice, direction, and contributions have been invaluable, and the management team greatly appreciates his dedication and input.
Mr Bennett’s Appendix 3Z follows this announcement.
Directors & Management
On Behalf of the Board of Directors,
Art Palm (Chairman & CEO) Steve van Barneveld (Non Executive Director) Joel Nicholls (Non Executive Director)
Key Projects
Crown Mountain Coking Coal Project Elk Valley Coal Field, Canada Dunlevy Coal Project Overview Peace River Coal Field, Canada
Art Palm
Chairman & Chief Executive Officer
Investment Highlights
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Positioned in world class metallurgical coalfields Overview
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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
Complete Crown EA pre-app Q4 2016 Crown PFS update Q1 2017 Crown enviro permit progress ongoing
Contact Details
Australia
Suite 5, 62 Ord Street West Perth, WA 6005 P +61 (8) 9200 4473 F +61 (8) 9200 4463 E [email protected] .au
Canada
Suite 800, 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 coking coal project, and a 100% interest in the Dunlevy coal project, both located in British Columbia. Jameson’s tenement portfolio is positioned in coalfields responsible for the majority of Canada’s metallurgical coal exports and is near 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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