July 07, 2025 8:00 AM EDT | Source: Altura Energy Corp. Forward-Looking Statements Vancouver, British Columbia--(Newsfile Corp. - July 7, 2025) - Altura Energy Corp. (TSXV: ALTU) (FSE: Y020) (the "Company") is pleased to announce that it has appointed Ashley Lastinger as Chief Executive Officer. Ms. Lastinger has a background in Petroleum Engineering spanning over 15 years, serving as both an engineer and engineering manager for multiple energy exploration and production companies of various sizes. Her tech ...

OceanPal (NASDAQ: OP), a shipping and transportation firm, also joined the rally, with shares climbing 101% to $3.25 in pre-market activity. Combined, the three stocks recorded an average gain of 156% in early trading on June 16. BATL, TMDE, and OP pre-market stock trading chart. Source: Google Finance Why energy and shipping stocks are surging As the conflict between Israel and Iran intensifies, investors are increasingly shifting their focus to energy and shipping stocks. These gains highlight the market' ...

Core Points - Altura Energy Corp. has increased the size of its brokered private placement from $1,500,000 to $1,985,500, allowing for the issuance of up to 19,855,000 units at a price of $0.10 per unit [1][4] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.25 for up to sixty months [2][4] - The offering is expected to close around June 11, 2025, subject to necessary approvals, including from the TSX Venture Exchange [4] Financial Utilization - The net proceeds from the offering will be used to repay existing indebtedness and for working capital and general corporate purposes [5] Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [7]

Core Points - A class action securities lawsuit has been filed against enCore Energy Corp. for alleged securities fraud affecting investors between March 28, 2024, and March 2, 2025 [1][2] - The lawsuit claims that enCore Energy lacked effective internal controls over financial reporting, could not capitalize certain exploratory and development costs under GAAP, and that these issues led to a substantial increase in net losses [2] - The positive statements made by the defendants regarding the company's business and prospects were allegedly materially misleading and lacked a reasonable basis [2] Next Steps - Investors who suffered losses during the relevant time frame have until May 13, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Points - enCore Energy Corp. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements during the class period from March 28, 2024, to March 2, 2025 [3] - The allegations include a lack of effective internal controls over financial reporting, inability to capitalize certain exploratory and development costs under GAAP, and a substantial increase in net losses as a result [3] - The lawsuit claims that the defendants' positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis [3] Shareholder Information - Shareholders who purchased shares during the specified class period are encouraged to register for the class action and can seek lead plaintiff status by the deadline of May 13, 2025 [4] - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [4] - There is no cost or obligation for shareholders to participate in this case [4] Legal Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [5]