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Summary by AI BETAClose X

Buccaneer Energy Plc announced that following a successful fundraise and the issuance of fundraise and supplier shares, its enlarged issued ordinary share capital will comprise 18,565,531,999 Ordinary Shares, with no shares held in treasury. This figure, effective after admission on March 10, 2026, will serve as the denominator for shareholders calculating their notification obligations under the FCA's Disclosure Guidance and Transparency Rules. The fundraise, supported by Premier Miton and other investors, is intended to facilitate the acquisition of an adjacent producing asset and expand Organic Oil Recovery in the Pine Mills area.

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