Pennine Petroleum (TSE:PNN) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Pambili Natural Resources Corporation is converting C$596,660 of debt into shares to improve its financial position and attract further investment for its gold projects in Zimbabwe. The company plans to issue 4,261,905 new shares, pending approval from the TSX Venture Exchange, which will increase its total shares to 59,060,263.
For further insights into TSE:PNN stock, check out TipRanks’ Stock Analysis page.