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Invictus Energy Limited ( (AU:IVZ) ) has provided an update.
Invictus Energy has notified holders of its listed options that the securities, exercisable at $0.20 each, will expire at 5:00 pm AEST on 7 June 2026. Official quotation of the options on the ASX will cease at the close of trading on 2 June 2026, four business days prior to the expiry date, and holders may exercise all or part of their options by submitting a completed exercise form and payment before expiry.
The expiry of these options marks a key milestone in the company’s capital management and may lead to additional funds if holders choose to convert. The move clarifies the timeline for existing option holders and could modestly affect Invictus’s capital structure, while the company continues advancing development of its Mukuyu gas discovery in Zimbabwe’s Cabora Bassa Basin.
More about Invictus Energy Limited
Invictus Energy Ltd is an independent upstream oil and gas exploration company focused on high-impact energy resources in sub-Saharan Africa. The Perth-headquartered firm, listed on the ASX, OTCQB and VFEX, holds a 360,000-hectare portfolio in Zimbabwe’s Cabora Bassa Basin, where it has made a significant gas discovery at the Mukuyu field and is progressing a high-impact exploration programme in one of Africa’s last large frontier onshore rift basins.
Average Trading Volume: 6,721,381
Technical Sentiment Signal: Sell
Current Market Cap: A$104.7M
For a thorough assessment of IVZ stock, go to TipRanks’ Stock Analysis page.