Global Petroleum Raises £10,000 Through Warrant Exercise

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Global Petroleum ( (GB:GBP) ) has shared an announcement.

Global Petroleum Limited announced the exercise of 10,000,000 unlisted warrants at a price of 0.10 pence per warrant, raising £10,000. The company has issued 10,000,000 Fully Paid Ordinary Shares, which will be admitted for trading on AIM, increasing its total issued share capital to 3,927,121,789 Ordinary Shares. This move could impact shareholder calculations under FCA’s regulations.

More about Global Petroleum

Global Petroleum Limited operates in the oil and gas industry, focusing on exploration and development activities. The company is listed on the AIM market under the ticker GBP and is involved in leveraging opportunities within the energy sector.

YTD Price Performance: 289.61%

Average Trading Volume: 103,159,970

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £11.75M

Learn more about GBP stock on TipRanks’ Stock Analysis page.

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