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An announcement from Basin Energy Limited ( (AU:BSN) ) is now available.
Basin Energy Limited has issued 18,479,694 ordinary shares to vendors of Normetco AS as part of an acquisition, in line with the announcement made on 31 October 2024. The issuance was conducted without disclosure requirements under the Corporations Act, and the company confirms compliance with relevant statutory provisions, indicating transparency and adherence to regulatory standards, which could strengthen its market position and investor confidence.
More about Basin Energy Limited
Basin Energy Limited (ASX: BSN) is a green energy metals exploration and development company with interests in three highly prospective projects in the Athabasca Basin in Canada and has recently acquired a significant portfolio of green energy metals exploration assets in Scandinavia.
YTD Price Performance: -15.00%
Average Trading Volume: 287,639
Technical Sentiment Consensus Rating: Buy
Learn more about BSN stock on TipRanks’ Stock Analysis page.