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An update from Bass Oil Ltd ( (AU:BAS) ) is now available.
Bass Oil Limited has announced a non-renounceable rights issue to raise approximately $3.1 million to support the acquisition of the Vanessa gas field and other growth initiatives. The rights issue offers one new share for every three shares held, with additional options, and is part of the company’s strategic efforts to bolster its asset base and drive future growth.
More about Bass Oil Ltd
Bass Oil Limited is an Australian company operating in the oil and gas industry. The company focuses on exploration, development, and production of oil and gas resources, with a market focus on expanding its asset portfolio and enhancing production capabilities.
Average Trading Volume: 248,381
Technical Sentiment Signal: Sell
Current Market Cap: A$16.66M
For detailed information about BAS stock, go to TipRanks’ Stock Analysis page.