The latest announcement is out from Stamper Oil & Gas ( (TSE:STMP) ).
Stamper Oil & Gas Corp. has successfully completed a non-brokered private placement, raising approximately $1,000,000 through the issuance of 8,888,888 units. Each unit includes one common share and one share purchase warrant, with the warrants exercisable at $0.15 per share for 36 months. The funds will be used for general working capital, and the offering includes an accelerated expiry clause for the warrants if certain trading conditions are met. Additionally, the company issued shares and warrants to an eligible finder as part of the transaction.
More about Stamper Oil & Gas
Stamper Oil & Gas Corp. operates in the energy sector, focusing on oil and gas exploration and production. The company is listed on the TSX Venture Exchange under the symbol STMP and is involved in developing and managing energy resources.
Average Trading Volume: 294
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $362.4K
See more insights into STMP stock on TipRanks’ Stock Analysis page.
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