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Prominence Energy Limited ( (AU:PRM) ) has provided an update.
Prominence Energy Limited has issued 402,705,903 fully paid ordinary shares at $0.0035 per share, as announced under the Corporations Act 2001. This move aligns with the company’s strategy to capitalize on high ROI opportunities and strengthens its financial position, potentially impacting its operations and market presence positively.
More about Prominence Energy Limited
Prominence Energy Limited is an Australian Securities Exchange listed energy company based in Perth. The company focuses on high return on investment opportunities, including conventional oil and gas projects, as well as potential investments in helium, green energy, and green hydrogen. Key projects include a 100% working interest in the Big Apple Prospect in the Gulf of Mexico and interests in Umine and ECOSSAUS Ltd., which is pioneering the use of solution-mined salt caverns for energy reserves.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.95M
Find detailed analytics on PRM stock on TipRanks’ Stock Analysis page.