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Interra Resources Addresses Myanmar Operations and Seeks AGM Extension

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Interra Resources Addresses Myanmar Operations and Seeks AGM Extension

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Interra Resources Ltd. ( (SG:5GI) ) has issued an update.

Interra Resources Ltd. has provided updates regarding its operations in Myanmar, specifically addressing potential legal implications under foreign sanctions laws. The company has engaged legal advisors to assess whether its dealings might violate US or EU sanctions and is reviewing its control measures to mitigate related risks. Additionally, Interra Resources is seeking an extension for holding its annual general meeting and issuing its annual and sustainability reports for the financial year 2024.

More about Interra Resources Ltd.

Interra Resources Ltd. operates in the oil and gas industry, focusing on exploration and production activities. The company is engaged in operations primarily in Southeast Asia, with a market focus on developing and managing energy resources.

YTD Price Performance: -10.0%

Average Trading Volume: 589,929

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$23.6M

See more data about 5GI stock on TipRanks’ Stock Analysis page.

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