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Bass Oil Raises $925K to Fuel Vanessa Acquisition and Growth Ambitions

2:01pm on Wednesday 18th of June, 2025 AEST Energy
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Bass Oil Raises $925K to Fuel Vanessa Acquisition and Growth Ambitions

2:01pm on Wednesday 18th of June, 2025 AEST
Key Points
  • Raised $925,180 via rights issue with 30% shareholder take-up
  • Issued 28.9 million new shares and 14.4 million options
  • Funds earmarked for Vanessa Acquisition from Beach Energy
  • Board has three months to place remaining shortfall shares
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