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Bounty Oil & Gas NL ( (AU:BUY) ) has provided an update.
Bounty Oil & Gas NL has issued 129,127 new fully paid ordinary shares following the exercise of an equivalent number of listed options at an exercise price of A$0.025 per share, with the new equity issued on 19 November and 1 December 2025. The company confirmed that these shares were issued without a prospectus under the Corporations Act’s secondary trading provisions and stated it remains compliant with its financial reporting and continuous disclosure obligations, signaling routine capital management rather than a change in strategic direction for existing shareholders and the broader market.
The most recent analyst rating on (AU:BUY) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Bounty Oil & Gas NL stock, see the AU:BUY Stock Forecast page.
More about Bounty Oil & Gas NL
Bounty Oil & Gas NL is an independent Australian oil and gas explorer and producer operating since 1999. The company focuses on land acquisition, exploration and oil development, with producing assets at Naccowlah in southwest Queensland, proved oil and gas leases in the Surat Basin, and exploration interests offshore in the Carnarvon Basin, Western Australia, as well as material offshore exploration interests including PEP 11 in the Sydney Basin.
Current Market Cap: A$4.68M
Learn more about BUY stock on TipRanks’ Stock Analysis page.