IPB Petroleum Ltd. (AU:IPB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
IPB Petroleum Limited has announced a new securities placement, with plans to issue a maximum of 141,280,611 ordinary fully paid shares. The proposed issue date for these shares is set for the 17th of May, 2024. This move signals a potential investment opportunity for market participants, with the company’s securities poised for quotation on the ASX following regulatory agreement.
For further insights into AU:IPB stock, check out TipRanks’ Stock Analysis page.