Topaz Energy Corp (TSE:TPZ) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Topaz Energy Corp and Tourmaline Oil Corp have announced a $242 million secondary offering of Topaz’s common shares, which aims to enhance trading liquidity and expand its free-trading share float. The proceeds will help Tourmaline reduce its equity position and fund its infrastructure expansion plans.
For further insights into TSE:TPZ stock, check out TipRanks’ Stock Analysis page.