Stamper Oil & Gas Announces Private Placement

Stamper Oil & Gas (TSE:STMP) has released an update.

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Stamper Oil & Gas Corp. has announced a non-brokered private placement to raise up to $1 million by offering 13,333,333 units at $0.075 per unit. Each unit includes a common share and a warrant, allowing holders to purchase additional shares at $0.10 each, with potential accelerated expiry. The proceeds will be used for general working capital, pending regulatory approvals.

For further insights into TSE:STMP stock, check out TipRanks’ Stock Analysis page.

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