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An announcement from Buru Energy ( (AU:BRU) ) is now available.
Buru Energy Limited announced the issuance of 105 million new shares at $0.02 each, raising approximately $2.1 million through a share placement. The new shares will rank equally with existing shares, and the company has complied with relevant provisions of the Corporations Act, ensuring transparency and adherence to regulatory requirements.
More about Buru Energy
Buru Energy Limited is an energy company based in West Perth, Australia, primarily involved in the exploration and production of oil and gas. The company focuses on developing energy resources in the Canning Basin region of Western Australia, aiming to contribute to the local and national energy supply.
Average Trading Volume: 2,239,363
Technical Sentiment Signal: Sell
Current Market Cap: A$14.81M
Find detailed analytics on BRU stock on TipRanks’ Stock Analysis page.