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Metgasco Ltd ( (AU:MEL) ) has issued an announcement.
Metgasco Ltd has announced a variation to its underwriting agreement related to a proposed non-renounceable pro rata issue of securities. This update, following a previous announcement, reflects the company’s strategic financial maneuvers to potentially strengthen its capital structure and market presence.
More about Metgasco Ltd
Metgasco Ltd operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is involved in the production and sale of these energy commodities, primarily targeting the Australian market.
Current Market Cap: A$5.5M
For detailed information about MEL stock, go to TipRanks’ Stock Analysis page.