Strikewell Energy Corp. (SKK)
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Skk Holdings Limited Announces Closing of $10.0 Million Initial Public Offering
SINGAPORE, Oct. 09, 2024 (GLOBE NEWSWIRE) -- SKK Holdings Limited (“SKK” or the “Company”) (Nasdaq: SKK), a civil engineering service provider that specializes in subsurface utility works in Singapore, today announced the closing of its previously announced initial public offering (the “Offering”) of an aggregate 2,500,000 ordinary shares at a public offering price of $4.00 per share for total gross proceeds of $10.0 million, before deducting underwriting discounts and offering expenses. The Company sold 1,750,000 ordinary shares and selling shareholders sold an aggregate of 750,000 ordinary shares. The Company did not receive any proceeds from the sale of shares by the selling shareholders.
Skk Holdings Limited Announces Pricing of $10.0 Million Initial Public Offering
SINGAPORE, Oct. 07, 2024 (GLOBE NEWSWIRE) -- SKK Holdings Limited (“SKK” or the “Company”) (Nasdaq: SKK), a civil engineering service provider that specializes in subsurface utility works in Singapore, today announced the pricing of its initial public offering (the “Offering”) of an aggregate 2,500,000 ordinary shares at a public offering price of $4.00 per share for total gross proceeds of $10.0 million, before deducting underwriting discounts and offering expenses. The Company is offering 1,750,000 ordinary shares and selling shareholders are offering an aggregate of 750,000 ordinary shares. The Company will not receive any proceeds from any sale of ordinary shares by the selling shareholders.
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Strikewell Energy Corp. Profile
| Oil & Gas E&P Industry | Energy Sector | Mr. David Hislop P.Eng. CEO | TSX-V Exchange | CA86332H1001 ISIN |
| CA Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Strikewell Energy Corp. is a distinguished exploration and production company with a focused presence in Alberta, Canada. Since its incorporation in 1971, the company has dedicated itself to the ownership of petroleum and natural gas interests, specifically highlighting its 100% working interest in the notable Garrington property. This asset spreads across an expansive area of 640 acres located in the Garrington area, underscoring the company's significant footprint in the region. With its headquarters based in Vancouver, Canada, Strikewell Energy Corp. stands as a pivotal player in the energy sector, leveraging decades of experience and a strategic focus on valuable energy assets.
Products and Services
- Petroleum Interests
- Natural Gas Interests
Strikewell Energy Corp. invests in and manages petroleum assets, with a notable emphasis on its operations in the Garrington property. By owning a 100% working interest in this area, the company ensures full control and maximization of its petroleum extraction and production capabilities. Leveraging advanced exploration techniques and production strategies, Strikewell aims to efficiently tap into the vital petroleum reserves, further contributing to the energy markets in Canada and beyond.
In addition to petroleum, the company also holds significant interests in natural gas resources. By owning and operating natural gas assets in Alberta, Strikewell Energy Corp. plays a crucial role in sourcing and providing natural gas, a key component of today's energy mix. Through its dedicated investment in natural gas interests, the company not only supports energy diversification but also meets the growing demand for cleaner, more sustainable energy solutions.
Contact Information
