Royale Energy Announces Plans to Accelerate Growth Transaction to Simplify Capital Structure

Barchart · 10/18 06:30

SAN DIEGO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Royale Energy Inc. ("Royale" or the "Company"), a Delaware-based corporation, is pleased to announce the successful completion of a series of strategic financial transactions aimed at simplifying its capital structure and more closely aligning the interests of its diverse stakeholders. This series of transactions better positions Royale to pursue future growth opportunities and continue on the path toward relisting on a major exchange.

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