Permex Petroleum Corporation (TSE:OIL) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Permex Petroleum Corporation has adjusted the terms of its non-brokered private placement, offering more warrants per convertible debenture unit and lowering the exercise and conversion prices. This strategic move aims to raise capital for drilling, development, potential acquisitions, and general corporate purposes, targeting accredited investors and non-U.S. persons.
For further insights into TSE:OIL stock, check out TipRanks’ Stock Analysis page.