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Bannerman Energy Plans Major Securities Issue
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Bannerman Energy Plans Major Securities Issue

Bannerman Energy (AU:BMN) has released an update.

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Bannerman Energy Ltd has announced a new proposal to issue over 25 million ordinary fully paid securities, slated for release on the 4th of July, 2024. This strategic move aims to increase the company’s financial muscle, potentially impacting its stock market performance and investor interest. The proposal is pending approval and quotation on the ASX under the code BMN.

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

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