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The latest update is out from Bass Oil Ltd ( (AU:BAS) ).
Bass Oil Limited has successfully raised $925,180 through a Non-Renounceable Rights Issue, allowing eligible shareholders to subscribe for new shares and options. The funds will be used for the Vanessa Acquisition from Beach Energy Limited and other growth initiatives, marking a significant step in the company’s expansion strategy.
More about Bass Oil Ltd
Bass Oil Limited is an Australian company operating in the oil industry, focusing on exploration and production activities. The company is involved in acquiring and developing oil assets, with a market focus on expanding its portfolio and enhancing shareholder value.
Average Trading Volume: 334,899
Technical Sentiment Signal: Sell
Current Market Cap: A$11.62M
For detailed information about BAS stock, go to TipRanks’ Stock Analysis page.