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The latest announcement is out from Borders & Southern Petroleum ( (GB:BOR) ).
Borders & Southern Petroleum plc announced the exercise of warrants by a holder, resulting in the issuance of 503,250 new ordinary shares at an exercise price of 10 pence per share, generating a cash value of £50,325. The new shares are expected to be admitted to trading on AIM around December 18, 2025, and will increase the company’s total issued share capital to 879,315,411 ordinary shares, impacting the voting rights calculations for shareholders.
More about Borders & Southern Petroleum
Borders & Southern Petroleum plc is an independent oil and gas exploration company based in London, listed on the London Stock Exchange AIM under the ticker BOR. The company operates in the Falkland Islands, holding a 100% interest in three production licenses in the South Falkland Basin, spanning nearly 10,000 square kilometers. It has conducted significant exploration activities, including acquiring 2,517 square kilometers of 3D seismic data and drilling two exploration wells, resulting in a notable gas condensate discovery.
Average Trading Volume: 1,603,785
Technical Sentiment Signal: Buy
Current Market Cap: £87.88M
Learn more about BOR stock on TipRanks’ Stock Analysis page.