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New World Oil and Gas controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2015

    Share-issuance dispute and AIM short squeeze

    The company became notorious after announcing a proposed increase of more than 300% in issued shares while shares connected with the proposed issue had already been sold into the market. The nwogaction investor group opposed the issue, contributing to a major short squeeze and a confrontation between shareholders, the board, the nominated adviser Beaumont Cornish and broker Cornhill Capital.

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