Bannerman Energy said its share purchase plan closed on 2 October 2026 following its announcement on 9 September. The company accepted all 39 valid applications in full at A$4.00 per share, the same issue price as its institutional placement, and issued 110,000 new fully paid ordinary shares on 9 October.
The company said the completed placement and share purchase plan, together with its strategic investment and joint venture with CNOL completed in September, leave it fully funded for its share of forecast Etango working capital through construction and ramp-up. Bannerman said early works remain in line with budget and schedule and that it is preparing for a targeted Final Investment Decision in the fourth quarter of 2026.
Source: Download BMN official ASX announcement, 2026-10-09.
Map from Bannerman Energy's ASX announcement dated 9 October 2026.