Kolibri (KGEI) Shareholders Approve Cap on Authorized Common Shares at 37.4M

Kolibri Global Energy Inc. (NASDAQ:KGEI) is one of the cheap oil stocks under $10 to buy now. On November 25, Kolibri Global Energy Inc. (NASDAQ:KGEI) revealed that shareholders approved a resolution to cap the number of authorized common shares at 37,367,894. The approval followed a special meeting that was convened in response to a September 2025 requisition by TFG Asset Management UK LLP, a major shareholder. Kolibri (KGEI) Shareholders Approve Cap on Authorized Common Shares at 37.4M Pixabay/Public D ...