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An update from Rockhopper Exploration ( (GB:RKH) ) is now available.
Rockhopper Exploration plc has announced a Conditional US$140 million Placing and Proposed Open Offer, with details provided in a Circular sent to shareholders. The success of this financial initiative is crucial for the company’s capital raising efforts, as failure to pass the necessary resolutions at the upcoming General Meeting could significantly reduce anticipated proceeds, impacting the company’s financial strategy and shareholder opportunities.
More about Rockhopper Exploration
Rockhopper Exploration plc is an oil and gas company with significant interests in the North Falkland Basin.
Average Trading Volume: 2,972,522
Technical Sentiment Signal: Buy
Current Market Cap: £464.6M
Learn more about RKH stock on TipRanks’ Stock Analysis page.