Archer (ARHVF) has released an update.
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Archer Limited has successfully completed a private placement, issuing over 12 million new common shares, including shares for the acquisition of an additional stake in Iceland Drilling. The Norwegian Financial Supervisory Authority has approved a prospectus for listing these shares, which will be consolidated under the company’s ordinary ISIN.
For further insights into ARHVF stock, check out TipRanks’ Stock Analysis page.