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Global Oil & Gas ( (AU:CND) ) has provided an announcement.
Condor Energy Limited announced a proposal to issue 25,000,000 new securities, specifically options over shares, with a proposed issue date of January 31, 2025. This move is part of a placement or other type of issue aimed at raising capital, potentially strengthening the company’s financial position and enhancing its market presence in the energy sector.
More about Global Oil & Gas
Condor Energy Limited operates in the energy sector, focusing primarily on oil and gas exploration and production. The company is listed on the Australian Securities Exchange (ASX) under the issuer code CND.
YTD Price Performance: 5000%
Average Trading Volume: 446
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $11.01M
Learn more about CND stock on TipRanks’ Stock Analysis page.