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Wildcat Petroleum Issues 255 Million Warrants to Align Director Interests

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Wildcat Petroleum Issues 255 Million Warrants to Align Director Interests

Confident Investing Starts Here:

An update from Wildcat Petroleum Plc ( (GB:WCAT) ) is now available.

Wildcat Petroleum Plc announced the issuance of 255 million warrants to its directors and a consultant, with the aim of aligning interests with shareholders and conserving working capital. This strategic move requires the company to achieve a reverse takeover with a market capitalisation of at least £30 million, potentially impacting its market positioning.

More about Wildcat Petroleum Plc

Wildcat Petroleum Plc operates in the upstream sector of the petroleum industry, focusing on identifying and investing in business opportunities and assets.

YTD Price Performance: -13.33%

Average Trading Volume: 13,411,894

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.81M

For a thorough assessment of WCAT stock, go to TipRanks’ Stock Analysis page.

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