Nostra Terra rises after nomad appointment
Shares in Nostra Terra Oil and Gas Company were rising on Tuesday afternoon, with the firm revealing its new choice in nominated adviser, after the resignation of Sanlam Securities on Monday.
FTSE AIM All-Share
728.67
15:45 15/11/24
n/a
n/a
Nostra Terra Oil & Gas Co
0.04p
12:29 15/11/24
-0.45%
0.00p
Oil & Gas Producers
8,043.72
15:45 15/11/24
1.32%
105.17
The AIM-traded resources company, with a portfolio of assets in the US and Egypt, announced it had appointed Strand Hanson as nominated and financial adviser, and joint broker to the company, with immediate effect.
Investors appeared to agree with the decision, with the penny stock rising 31.88% to 0.08p by 1546 GMT.