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Buru Energy Issues 23.75 Million Unlisted Options

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Buru Energy Issues 23.75 Million Unlisted Options

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An update from Buru Energy ( (AU:BRU) ) is now available.

Buru Energy Limited announced the issuance of 23,750,000 unlisted options with a strike price of $0.03, set to expire two years from the issuance date. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and providing strategic financial flexibility.

More about Buru Energy

Buru Energy Limited is a company operating in the energy sector, primarily focusing on the exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX) under the code BRU.

Average Trading Volume: 1,467,639

Technical Sentiment Signal: Sell

Current Market Cap: A$17.04M

Find detailed analytics on BRU stock on TipRanks’ Stock Analysis page.

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