Empire Petroleum Corp Announces Rights Offering Record Date
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Empire Petroleum Corp has announced a rights offering to raise up to $6 million, with a record date set for February 2, 2026. Shareholders will receive one subscription right per share owned, allowing them to purchase 0.057 shares at $2.99 each. The offering could issue approximately 2 million new shares and will expire on February 27, 2026, subject to change.
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