Pilot Energy Limited (AU:PGY) has released an update.
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Pilot Energy Limited has announced a new securities issue dated 14th October 2024, comprising a maximum of 137,091,624 unlisted options expiring in December 2026 with an exercise price of $0.0330, and 214,183,248 ordinary fully paid shares. The intended issue date for these securities is 17th October 2024. This move could represent a significant change in the company’s capital structure, potentially impacting its stock value and investor interest.
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