Tenth Avenue Petroleum ( (TSE:TPC) ) just unveiled an update.
Tenth Avenue Petroleum Corp. announced the results of its annual general and special meeting, where all management nominees were elected as directors. Key resolutions, including the approval of a stock option plan and the appointment of Crowe & McKay LLP as auditors, were passed. A notable decision was the approval of a special resolution to change the company’s name to Decimus Oil Corp., reflecting a strategic rebranding effort. These developments are expected to impact the company’s operations and market positioning positively.
More about Tenth Avenue Petroleum
Tenth Avenue Petroleum Corp. (TSXV: TPC) is a Canadian junior oil and gas exploration and production company focused on sustainable growth in Alberta. Headquartered in Calgary, the company engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. With a commitment to operational excellence and per-share growth, Tenth Avenue Petroleum leverages its strategic assets in the Mannville stack to deliver value to shareholders.
Average Trading Volume: 27,712
Technical Sentiment Signal: Hold
Current Market Cap: C$4.46M
For a thorough assessment of TPC stock, go to TipRanks’ Stock Analysis page.