Bounty Oil & Gas NL (AU:BUY) has released an update.
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Bounty Oil & Gas has extended the closing date for its non-renounceable rights issue to January 10, 2025, allowing more time for eligible shareholders to participate. The offer aims to raise approximately $1.5 million through the issuance of new shares at 0.4 cents each. Notably, company executives, including CEO Philip Kelso, have committed to taking up their full entitlements, reflecting confidence in the company’s prospects.
For further insights into AU:BUY stock, check out TipRanks’ Stock Analysis page.