Emperor Energy Ltd (AU:EMP) has released an update.
Emperor Energy Limited has announced a new securities purchase plan, proposing to issue a maximum of 100 million ordinary fully paid shares. The record date for the proposed issue is April 8, 2024, with the offer set to close on April 24, 2024, and the issue date scheduled for April 29, 2024. This move could signal a significant expansion phase for the company and potentially influence its stock performance.
For further insights into AU:EMP stock, check out TipRanks’ Stock Analysis page.
