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Houston American Energy ( (HUSA) ) has issued an announcement.
Houston American Energy Corp. announced its strategic move to become an integrated energy and technology company by signing non-binding Letters of Intent to acquire Abundia Global Impact Group LLC and RPD Technologies. These acquisitions are part of a broader strategy to drive growth through diversification and innovation in the energy transition sector, leveraging RPD’s technical experience and AGIG’s renewable solutions. The co-location of these companies at AGIG’s Cedar Port site aims to optimize resources and create economies of scale, positioning HUSA for sustainable growth in the energy market.
More about Houston American Energy
YTD Price Performance: -27.93%
Average Trading Volume: 902,154
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $16.88M
Learn more about HUSA stock on TipRanks’ Stock Analysis page.