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IN BRIEF: Petroneft Resources converts USD156,000 of debt in shares

Thu, 08th Apr 2021 17:36

Petroneft Resources PLC - Russian oil & gas exploration and production company - Says USD156,000 of debt converted to equity under the 2019 convertible loan agreement for the issuance of 10.1 million new shares.

Current stock price: 2.12 pence, down 1.6% on Thursday

Year-to-date change: more than tripled from 0.65p on December 31

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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PetroNeft successfully tests mini refinery on licence 61

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PetroNeft Licence 61 Production Up As Field On Year-Round Production

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