Petro-Victory Energy (TSE:VRY) has released an update.
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Petro-Victory Energy Corp. has announced that investment firm Fifteen Talents LP has converted its restricted shares into common shares, now holding about 11% of Petro-Victory’s voting securities on a non-diluted basis. With this move, Fifteen Talents LP becomes a significant stakeholder, demonstrating potential confidence in Petro-Victory’s oil and gas operations in Brazil. The investment firm may continue to adjust its holdings as it sees fit, signaling an active interest in Petro-Victory’s financial performance and strategic direction.
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