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TomCo Energy ( (GB:TOM) ) just unveiled an announcement.
TomCo Energy has issued 26,666,667 new ordinary shares following the exercise of broker warrants tied to a previous equity fundraising, raising £12,000 at an exercise price of 0.045 pence per share. The new shares, which will rank equally with existing stock and are expected to begin trading on AIM on 28 January 2026, will increase TomCo’s issued share capital to 3,930,801,944 ordinary shares, slightly diluting existing shareholders but providing a modest capital injection and updating the base for regulatory disclosure of voting rights.
More about TomCo Energy
TomCo Energy is a US-focused oil development company listed on AIM, specialising in the use of innovative technology to unlock unconventional hydrocarbon resources. The group targets non-traditional oil assets, seeking to enhance recovery and commercialise resources that are typically more complex and capital-intensive to develop.
Average Trading Volume: 10,646,911
Technical Sentiment Signal: Buy
Current Market Cap: £2.73M
See more data about TOM stock on TipRanks’ Stock Analysis page.