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Jupiter Energy Releases Shares from Escrow

Jupiter Energy Releases Shares from Escrow

Jupiter Energy Limited (AU:JPR) has released an update.

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Jupiter Energy Limited has announced the release of 12.5 million ordinary shares from voluntary escrow on August 16, 2024, a year after they were issued as part of a service compensation to Sleipnir Technologies LLP. These shares were initially approved by shareholders and are in line with ASX Listing Rules. The company, operating in oil exploration and production, focuses on asset development in Kazakhstan’s Mangistau Basin.

For further insights into AU:JPR stock, check out TipRanks’ Stock Analysis page.

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