Jaeger Resources Corp (TSE:JAEG.H) has released an update.
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Jaeger Resources Corp. successfully closed a $300,000 non-brokered private placement and also completed a debt settlement by issuing shares, thereby strengthening its financial position and resolving outstanding liabilities without incurring finder’s fees. The capital raised is primarily allocated for general working capital and repayment of certain payables, including cash loans and outstanding expenses to current and former directors.
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