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Stamper Oil & Gas ( (TSE:STMP) ) has issued an announcement.
Stamper Oil & Gas Corp. has revised the terms of its previously announced non-brokered private placement, offering up to 8,888,888 units at $0.1125 each, aiming to raise $1,000,000 in gross proceeds. This strategic financial move is intended to bolster general working capital and includes features like share purchase warrants and an accelerated expiry clause, highlighting Stamper’s efforts to enhance liquidity and shareholder value amid the competitive oil and gas market.
More about Stamper Oil & Gas
Stamper Oil & Gas Corp., based in Vancouver, British Columbia, operates in the oil and gas industry with a focus on exploration and development. The company is listed on the TSX Venture Exchange under the symbol STMP.
YTD Price Performance: 480.0%
Average Trading Volume: 1,709
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $240.9K
For an in-depth examination of STMP stock, go to TipRanks’ Stock Analysis page.