Vermilion Energy Sells 26 Million Shares in Coelacanth for $19.8 Million

MT Newswires Live

2025/12/18

Vermilion Energy (VET) said late Wednesday that it sold 26 million common shares of Coelacanth through privately negotiated transactions at $0.76 apiece for a total of about $19.8 million.

Following the Transactions, Vermilion now owns 10.2% of Coelacanth, it said.

Vermilion said it will continue to review its holdings and may increase or decrease its investment in Coelacanth securities.

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