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Stamper Oil & Gas Completes $11.52M Private Placement for BISP Acquisition

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Stamper Oil & Gas Completes $11.52M Private Placement for BISP Acquisition

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The latest announcement is out from Stamper Oil & Gas ( (TSE:STMP) ).

Stamper Oil & Gas Corp. announced the closing of a brokered private placement of subscription receipts by BISP Exploration Inc., raising approximately $11.52 million. This financing is part of Stamper’s proposed acquisition of BISP, which will see BISP’s securities exchanged for Stamper’s shares and warrants, enhancing Stamper’s market position and operational capabilities.

More about Stamper Oil & Gas

Stamper Oil & Gas Corp. is a company operating in the oil and gas industry, focusing on exploration and development activities. It is listed on the TSX Venture Exchange under the symbol STMP.

Technical Sentiment Signal: Sell

Current Market Cap: C$4.28M

See more insights into STMP stock on TipRanks’ Stock Analysis page.

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