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Petratherm Ltd Issues 1 Million New Shares

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Petratherm Ltd Issues 1 Million New Shares

Confident Investing Starts Here:

An update from Petratherm Ltd ( (AU:PTR) ) is now available.

Petratherm Ltd has announced the issuance of 1,000,000 fully paid ordinary shares without disclosure to investors under specific provisions of the Corporations Act 2001. This move indicates the company’s compliance with relevant legal requirements and suggests a strategic effort to bolster its financial position, potentially impacting its market operations and stakeholder interests.

More about Petratherm Ltd

Petratherm Ltd operates in the energy sector, focusing on geothermal energy exploration and development. The company is involved in projects that aim to harness geothermal resources for sustainable energy solutions.

Average Trading Volume: 347,529

Technical Sentiment Signal: Buy

Current Market Cap: A$89.86M

For an in-depth examination of PTR stock, go to TipRanks’ Overview page.

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