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Bounty Oil & Gas Extends Rights Issue Deadline to Boost Operations

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Bounty Oil & Gas Extends Rights Issue Deadline to Boost Operations

Confident Investing Starts Here:

Bounty Oil & Gas NL ( (AU:BUY) ) has issued an update.

Bounty Oil & Gas N.L. has extended the closing date for its non-renounceable rights issue to 17 January 2025, allowing eligible shareholders extra time to participate. The funds raised will support ongoing production and development efforts, with company executives committing to their entitlements, highlighting a strategic move to bolster operations and shareholder engagement.

More about Bounty Oil & Gas NL

Bounty Oil & Gas N.L. operates in the oil and gas industry, focusing on oil production and the development of oil reserves and resources, particularly in the Surat Basin region.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.5M

For a thorough assessment of BUY stock, go to TipRanks’ Stock Analysis page.

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