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An update from Borders & Southern Petroleum ( (GB:BOR) ) is now available.
Borders & Southern Petroleum plc announced the exercise of warrants for 326,666 new ordinary shares at an exercise price of 1.5 pence each, generating an aggregate cash value of £4,900. Following the admission of these shares to trading on AIM, the total issued share capital will consist of 878,456,911 ordinary shares with voting rights, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Borders & Southern Petroleum
Borders & Southern Petroleum plc is an independent oil and gas exploration company listed on the London Stock Exchange AIM under the ticker BOR. The company operates in the South Falkland Basin, holding a 100% interest in three production licenses covering 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: 1,618,483
Technical Sentiment Signal: Buy
Current Market Cap: £59.71M
For an in-depth examination of BOR stock, go to TipRanks’ Stock Analysis page.