On Apr, 10 2026, Geo Energy Resources Limited (RE4) announced that it has obtained approval-in-principle from Singapore Exchange Securities Trading for the listing and quotation of up to 35,000,000 new ordinary shares.
The shares are to be issued at 0.525 Singapore dollars each under a proposed placement and must be placed out within seven market days from the Apr, 09 2026 approval date.
SGX-ST’s clearance is subject to several undertakings, including the company’s compliance with Listing Rules 704(30), 1207(20) and 803, disclosure of detailed use of proceeds, and a confirmation that the shares will not be allocated to persons prohibited under Listing Rule 812(1). The placement agents have provided parallel undertakings to ensure these conditions are met.
SGX-ST noted that its approval-in-principle should not be regarded as an endorsement of the placement or of the company’s securities.