Predator Oil & Gas Holdings Plc (GB:PRD) has released an update.
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Predator Oil & Gas Holdings Plc has announced the exercise of broker warrants by Novum Securities Limited, resulting in the issuance of 5,221,203 new shares and an aggregate payment of £304,474.06 to the company. The newly issued shares are set to be admitted to the London Stock Exchange’s Main Market around July 1, 2024, bringing the total number of ordinary shares to 570,382,865. This development is part of Predator’s broader strategy, which includes exploring for gas near Morocco’s Maghreb pipeline, applying CO2 EOR techniques in Trinidad, and developing projects for Ireland’s energy security.
For further insights into GB:PRD stock, check out TipRanks’ Stock Analysis page.