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The latest update is out from United Oil & Gas Plc ( (GB:UOG) ).
United Oil & Gas Plc announced the exercise of 2,500,000 warrants, raising £3,750, which strengthens its near-term funding position. The company aims to progress the farmout of its Jamaican licence and deliver value for shareholders, with new shares expected to be admitted to trading on AIM around 26 June 2025.
More about United Oil & Gas Plc
United Oil & Gas Plc is an oil and gas company with a development asset in the UK and a high impact exploration licence in Jamaica. The company is led by an experienced management team with a strong track record in growing full cycle businesses and is listed on the AIM market of the London Stock Exchange.
Average Trading Volume: 84,868,473
Technical Sentiment Signal: Hold
Current Market Cap: £4.16M
See more data about UOG stock on TipRanks’ Stock Analysis page.