tiprankstipranks
Trending News
More News >

Pilot Energy Limited Issues Cleansing Prospectus for New Shares and Options

Story Highlights

The latest announcement is out from Pilot Energy Limited ( (AU:PGY) ).

Pilot Energy Limited has issued a Cleansing Prospectus to offer 10,000 new shares at $0.01 each and 10,000 new options with an exercise price of $0.033, expiring in December 2026. This offer is aimed at removing trading restrictions on certain securities issued prior to the applicable closing date. The shares and options are considered speculative, and the offer is only available to invitees determined by the company’s directors. The prospectus is a transaction-specific document in accordance with the Corporations Act, and investors are advised to consult professional advisers before participating.

More about Pilot Energy Limited

Average Trading Volume: 3,310,390

Technical Sentiment Signal: Buy

Current Market Cap: A$8.27M

For detailed information about PGY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App