Prominence Energy Limited (AU:PRM) 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
Prominence Energy Limited has announced the issuance of 58,125,000 new unquoted options, exercisable at $0.03 each and expiring on March 14, 2025. These securities, which are not intended to be quoted on the ASX, were disclosed on May 16, 2024, as part of a transaction previously announced. The release indicates a strategic move to raise capital or incentivize stakeholders without diluting the publicly traded share pool.
For further insights into AU:PRM stock, check out TipRanks’ Stock Analysis page.
