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An announcement from East West Petroleum ( (TSE:EW) ) is now available.
East West Petroleum Corp. has completed a capital reduction and special distribution, and is proceeding with a name change to East West Minerals Ltd. along with a consolidation of its common shares on a ten-for-one basis. These strategic moves are expected to impact the company’s operations by potentially improving its market positioning and shareholder value.
More about East West Petroleum
East West Petroleum Corp. operates in the petroleum industry, focusing on the exploration and production of oil and gas resources. The company is engaged in activities that enhance its market presence and operational efficiency.
Average Trading Volume: 160,413
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$4.07M
See more data about EW stock on TipRanks’ Stock Analysis page.