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Jagercor Energy Corp C.JEM

"Gelum Capital Ltd is focused on becoming a diversified upstream oil and gas services company, who focuses on acquiring mature fields in South America and increasing their production efficiently."


CSE:JEM - Post by User

Post by SunCountryon Jul 27, 2018 3:14pm
120 Views
Post# 28378849

Jagercor No More

Jagercor No MorePress release a couple days ago. We now "sort of" know a bit about the future of the company. 20 to 1 reverse split with name change to Gelum Capital Ltd, effective on or about July 30. Sold the Argentina property for a "minimal" amount to one of the directors. My guess is it is Edgardo Russo, the CEO. Probably got it by assuming of the debt. Doesn't say anything about what type business it might be considering. 
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