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Melbana Energy Announces Cessation of Performance Rights

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Melbana Energy Announces Cessation of Performance Rights

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Melbana Energy Limited ( (AU:MAY) ) has issued an announcement.

Melbana Energy Limited announced the cessation of 22,594,581 performance rights due to the expiry of options or other convertible securities without exercise or conversion as of December 1, 2025. This cessation may impact the company’s capital structure and could influence investor perceptions and market positioning.

More about Melbana Energy Limited

Melbana Energy Limited operates in the energy sector, focusing on exploration and development of oil and gas resources. The company is engaged in identifying and developing energy resources to meet market demands.

YTD Price Performance: -55.56%

Average Trading Volume: 7,373,255

Technical Sentiment Signal: Sell

Current Market Cap: A$45.38M

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

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