Jacka Resources has appointed Neil Fearis to its board as a non-executive director.Mr Fearis is a WA corporate and commercial lawyer and is currently chairman of Tiger Resources.
Max Cozijn has joined the board of Jacka Resources as chairman, and James Robinson has joined as a non-executive director, following the resignations of Brett Smith and Stephen Brockhurst (who rema
Shares in Perth-based oil and gas explorer Tangiers Petroleum have closed lower after the company announced plans to launch a heavily discounted $5 million share placement.
Jacka Resources has launched a $3.9 million capital raising and will review its operations and restructure its board in a bid to cut costs following Tangiers Petroleum's failed takeover of the company.
Cash strapped Jacka Resources has appointed two broking firms to assess capital raising options after confirming that a friendly takeover offer from Tangiers Petroleum looks set to fail.
Jacka Resources says it hasn't given up hopes of a potential friendly takeover by Tangiers Petroleum, despite terminating a bid implementation agreement for the deal.
Tangiers Petroleum's friendly takeover bid for Jacka Resources appears to be in doubt following the resignation of Tangiers executive chairman Eve Howell, citing the loss of support of several major shareholders.
Tangiers Petroleum is to acquire Jacka Resources via a friendly off-market takeover bid, combining to create an Africa-focused upstream oil and gas company valued at about $80 million.
Former Esso and ExxonMobil executive Bob Cassie has been appointed managing director of Jacka Resources, while Richard Aden has stepped down as executive director to focus on the commercial and fin
Shares in listed oil and gas explorer Jacka Resources closed the day's trade more than 14 per cent higher after the company announced it had secured a convertible facility worth up to $5.5 million.
Perth-based Jacka Resources says it has received all funds from an option underwriting agreement, which will be applied to upcoming appraisal and exploration work.
Oil and gas explorer Jacka Resources has secured at least $10 million in funding to advance exploration programs set to commence early in the new year at its Hammamet project near Tunisia and Niger
WA-based oil and gas company Jacka Resources has entered into an agreement with Providence Resources to acquire a direct interest in the OML 113 petroleum licence in Nigeria, which includes the Aje
