Bass completes A$2.5M capital raise

BASS Oil has secured the $2.5 million needed to complete its capital raise, sourcing the cash from a combination of a placement and non-renounceable rights issue.

Bass completes A$2.5M capital raise Bass completes A$2.5M capital raise Bass completes A$2.5M capital raise Bass completes A$2.5M capital raise Bass completes A$2.5M capital raise

Cash to provide company step-change: Guglielmo

Last week the company said it fell just short of its target, however it updated the market today to say underwriter Peak Asset Management has subscribed for the shortfall shares.