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Invictus Energy Limited ( (AU:IVZ) ) has issued an update.
Invictus Energy Ltd has announced a proposed issue of new quoted options on the ASX, with a maximum of 27,777,778 securities to be issued. The options will have an exercise price of $0.10, a two-year term and are expected to be issued on 29 May 2026, subject to ASX quotation and standard listing rule conditions.
The capital raise via this option placement is intended to provide Invictus Energy with additional funding flexibility to support its ongoing projects and corporate activities. The move underscores the company’s use of equity-linked instruments to strengthen its balance sheet and may offer existing and new investors leveraged exposure to future share price performance.
More about Invictus Energy Limited
Invictus Energy Ltd is an energy company listed on the ASX under the code IVZ. The company operates in the oil and gas exploration and development sector, focusing on raising capital through equity and related securities to fund its exploration and operational activities in its chosen markets.
Average Trading Volume: 5,826,999
Technical Sentiment Signal: Sell
Current Market Cap: A$104.2M
Learn more about IVZ stock on TipRanks’ Stock Analysis page.