tiprankstipranks
IPB Petroleum Plans New Share Issuance
Company Announcements

IPB Petroleum Plans New Share Issuance

IPB Petroleum Ltd. (AU:IPB) has released an update.

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!