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Australian Oil Company Limited (ASX:AOK)

ALERT: Price-sensitive ASX Announcement for AOK
Current share price for AOK : $0.003 0 (0%)+
Announcement
Release
24 Jun 2026 8:31AM
Price at Release
$0.003
Full Release
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Summary
Australian Oil Company Limited has completed its Share Purchase Plan (SPP), initially launched on June 1, 2026. The plan aimed to raise $250,000 from existing eligible investors to support the company's exploration operations in Queensland, but only $155,000 was raised, resulting in the issuance of 54,448,264 new fully paid ordinary shares. The issued shares are scheduled to be available for trading on ASX on June 29, 2026. The board expressed gratitude to the shareholders who participated. Australian Oil is an energy company focusing on oil and gas opportunities near under-supplied markets, with ongoing exploration and production efforts in the Surat Basin, Australia, and a portfolio in California. The company is also evaluating further acquisitions aligned with its strategic goals.
Key Points
  • Share Purchase Plan completed
  • Raised $155,000 from SPP
  • Issued 54,448,264 new shares
  • Shares to trade on ASX from June 29, 2026
  • Focus on oil and gas opportunities
  • Operations in Surat Basin and California
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.