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East West Petroleum ( (TSE:EW) ) has issued an update.
East West Petroleum Corp. has announced a return of capital amounting to approximately $3 million Canadian, pending shareholder approval at a meeting scheduled for September 5, 2025. The company is also monitoring its Romanian operations, which are impacted by sanctions, and does not anticipate any financial realization from this asset, as its carrying value is already nil.
More about East West Petroleum
East West Petroleum Corp. operates in the petroleum industry, focusing on oil and gas exploration and production. The company is listed on the TSX Venture Exchange under the symbol EW.
Average Trading Volume: 91,121
Technical Sentiment Signal: Sell
Current Market Cap: C$3.62M
For a thorough assessment of EW stock, go to TipRanks’ Stock Analysis page.