Bounty Oil & Gas Announces New Securities Issuance

Bounty Oil & Gas NL (AU:BUY) has released an update.

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Bounty Oil & Gas NL has announced a proposed issuance of up to 374,625,245 ordinary fully paid securities under a standard pro rata offer. The offer will commence with an ex-date on November 21, 2024, and is set to close on December 10, 2024, with the issue date on December 13, 2024. This non-renounceable offer presents potential opportunities for existing shareholders looking to expand their investment in the company.

For further insights into AU:BUY stock, check out TipRanks’ Stock Analysis page.

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