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08 Nov
01:42

Nathan Tinkler buys Jameson Resources stake

Coal investor Nathan Tinkler will take a 19.92% stake in Australia-listed coal miner Jameson Resources at AUD 10 million ($6.47m), Kallanish notes. Jameson Resources has obtained binding commitment from Nathan Tinkler associated companies Oceltip Coal 1 and Oceltip Coal 2 for the placement of 86.62 million new ordinary shares in the company. The placement will be undertaken in two tranches of 43.31 milllion shares to raise AUD 5m each, with the first tranche issu…
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