You are here

Interra Resources proposes bonus and piggyback warrants

Move will potentially raise capital base and boost balance sheet, says company


ONSHORE oil and gas producer Interra Resources is proposing a warrant issue to reward its shareholders and raise funds for the company.

The firm will issue one free bonus warrant for every 10 existing ordinary shares and one unlisted piggyback warrant for every two bonus...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to