/KASE, November 25, 2025/ – Fincraft Group LLP (KASE ticker – NCOM) reported the following:

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Fincraft Group LLP (Fincraft), one of the largest shareholders of Tethys Petroleum Limited (Tethys), announced that it has provided an update on its proposal to the Board of Directors of Tethys in relation to a proposed transaction pursuant to which Fincraft will, directly or indirectly, acquire all of the issued and outstanding ordinary shares of Tethys (the "ordinary shares") not already owned, directly or indirectly, by Fincraft.

Fincraft proposed to the Special Committee of the Board of Directors of Tethys an increased offer price of 1.75 CAD per common share (the "Proposed Transaction"). The proposed price represents a premium of 106% to the closing price of 0.85 CAD per ordinary share on the TSX Venture Exchange on September 12, 2025, the last trading day prior to Fincraft's initial offering.

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The full version of the press release is available at – see more

[2025-11-25]