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Houston American Energy Strengthens Leadership Indemnification Agreements
Company Announcements

Houston American Energy Strengthens Leadership Indemnification Agreements

Story Highlights
  • Houston American Energy Corp. introduced indemnification agreements on January 13, 2025.
  • These agreements protect directors and officers from certain liabilities incurred during service.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Houston American Energy ( (HUSA) ) has provided an announcement.

On January 13, 2025, Houston American Energy Corp. entered into indemnification agreements with its directors and officers. These agreements are meant to supplement existing indemnification provisions and ensure that directors and officers are protected against expenses and liabilities incurred while serving the company, with certain exceptions. The agreements also provide for the advancement of defense expenses, which must be repaid if indemnification is ultimately deemed unwarranted.

More about Houston American Energy

YTD Price Performance: 33.82%

Average Trading Volume: 430,025

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $21.33M

Learn more about HUSA stock on TipRanks’ Stock Analysis page.

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