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Marksmen Energy ( (TSE:MAH) ) has issued an update.
Marksmen Energy Inc. announced the termination of its letter of intent for a proposed reverse takeover with T1 Technology Corporation due to an inability to finalize a definitive agreement. Despite this, the company continues its operations in Ohio with joint interest partners drilling wells at their cost, granting Marksmen gross overriding royalties. Marksmen is also reviewing new oil and gas projects for potential acquisition and is working to resume trading on the TSX Venture Exchange.
More about Marksmen Energy
Marksmen Energy Inc. is an exploration and production company in the oil and gas industry, focusing on the Appalachian Basin in the USA. The company engages in joint ventures and utilizes 3D seismic technology to identify drilling opportunities.
Technical Sentiment Signal: Sell
Current Market Cap: C$1.06M
Find detailed analytics on MAH stock on TipRanks’ Stock Analysis page.