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The latest announcement is out from Key Petroleum Limited ( (AU:KEY) ).
Key Petroleum Limited successfully allocated all remaining shortfall shares from its pro-rata non-renounceable entitlement offer. This move, which involved issuing 2,954,682 shortfall shares by placement, raised A$183,190.00 and ensures that these shares rank equally with existing ordinary fully paid shares, potentially strengthening the company’s financial position and market standing.
More about Key Petroleum Limited
Key Petroleum Limited operates in the energy sector, focusing on the exploration and production of petroleum resources. The company is listed on the Australian Securities Exchange under the ticker ASX: KEY.
Average Trading Volume: 19,391
Technical Sentiment Signal: Sell
Current Market Cap: A$1.23M
For an in-depth examination of KEY stock, go to TipRanks’ Overview page.