Barrel Energy issues 750 million shares in Series A preferred conversion

BARREL ENERGY INC

BARREL ENERGY INC

BRLL

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  • Barrel Energy converted 750,000 shares of Series A Preferred Stock into 750 million common shares on July 2, 2026.
  • Conversion ratio set at 1 Series A share for 1,000 common shares; no cash proceeds generated.
  • Common shares outstanding rose to 752,144,622 from 2,144,622; Series A Preferred fell to 4,250,000 from 5,000,000.
  • Conversions involved officers, directors, and greater-than-10% holders; each converted 250,000 Series A into 250 million common shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barrel Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004183), on July 06, 2026, and is solely responsible for the information contained therein.

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