Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Eco Atlantic Oil & Gas ( (TSE:EOG) ) has issued an announcement.
Eco (Atlantic) Oil & Gas has received a notice to exercise stock options over 500,000 common shares at US$0.22 per share, raising gross proceeds of US$110,000. The company has applied for these new shares to be admitted to trading on the TSX Venture Exchange and AIM, with admission expected around 30 April 2026.
Following the issue, Eco’s total share capital will increase to 348,309,027 common shares, each carrying one voting right and with no shares held in treasury. The updated share count provides the new reference figure for investors monitoring their holdings under applicable disclosure and transparency rules, slightly diluting existing shareholders while modestly boosting the company’s cash position.
More about Eco Atlantic Oil & Gas
Eco (Atlantic) Oil & Gas is a TSX-V and AIM-quoted exploration company focused on offshore Atlantic Margin assets in Guyana, Namibia and South Africa. It targets low carbon intensity oil and gas in stable emerging markets near existing infrastructure, holding operated and non-operated interests across the Guyana-Suriname, Walvis and Orange basins.
For a thorough assessment of EOG stock, go to TipRanks’ Stock Analysis page.