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Bass Oil Launches $3.1M Rights Issue to Boost Gas and Oil Production
2:33am on Monday 2nd of June, 2025 AEST
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Energy
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Bass Oil Launches $3.1M Rights Issue to Boost Gas and Oil Production
2:33am on Monday 2nd of June, 2025 AEST
Key Points
Pro-rata, non-renounceable rights issue at $0.032 per share
Funds to recommission Vanessa gas facility and drill Bunian 6 oil well
Issuance of free attaching options exercisable at $0.05 until May 2028
Rights issue not underwritten, closing 13 June 2025
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