28th Mar 2022 10:12
Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Receives conversion notice on 18.8 million shares at 8 pence per share, for GBP1.5 million, as part of convertible loan note agreement signed in late December. Still owes GBP1.5 million on convertible note, which matures on December 16, 2022, and was originally signed with a Melbourne-based lender for GBP4.0 million.
Now has 664.8 million shares issued overall.
Current stock price: 11.65 pence, up 5.9%
12-month change: more than doubled from 4.55p
By Paul McGowan; [email protected]
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