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Eco Atlantic Issues New Shares After Stock Option Exercise

Story Highlights
  • Eco Atlantic issued 100,000 new shares after stock options were exercised, modestly expanding its equity base.
  • The new shares are set to list on TSX-V and AIM, bringing total issued share capital to 342,241,027 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eco Atlantic Issues New Shares After Stock Option Exercise

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Eco Atlantic Oil & Gas ( (TSE:EOG) ) has shared an announcement.

Eco Atlantic Oil & Gas has issued 100,000 new common shares following the exercise of stock options at US$0.35 per share, raising US$35,000. The options exercise modestly increases the company’s equity base and reflects ongoing utilisation of share-based incentives.

Application has been made for the new shares to be admitted to trading on the TSX Venture Exchange and AIM, with admission expected on or about 9 April 2026. Following admission, Eco’s issued share capital will rise to 342,241,027 common shares, a figure shareholders may use to assess and report any notifiable changes in their holdings under disclosure rules.

More about Eco Atlantic Oil & Gas

Eco Atlantic Oil & Gas is a TSX-V and AIM-quoted oil and gas exploration company focused on the offshore Atlantic Margins, with licence interests in Guyana, Namibia, and South Africa. The Group targets low carbon intensity oil and gas resources in stable emerging markets close to existing infrastructure, aiming to deliver material value as part of the energy transition.

Find detailed analytics on EOG stock on TipRanks’ Stock Analysis page.

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