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Bounty Oil & Gas NL (ASX:BUY)

ALERT: Price-sensitive ASX Announcement for BUY
Current share price for BUY : $0.019 0.016 (533.33%)+
Announcement
Release
23 Jan 2026 8:50AM
Price at Release
$0.003
Full Release
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Summary
Bounty Oil & Gas NL announced a series of changes in its Board of Directors as part of a broader strategy to renew its Board and management. The changes include the appointment of Mr. Kane Marshall as Independent Non-Executive Director and Chairman, and Mr. Robin Armstrong as an Independent Non-Executive Director, both effective 22 January 2026. The announcement also confirmed the retirement of Non-Executive Directors Mr. Graham Reveleigh and Mr. Charles Ross, effective 23 January 2026, after over two decades of service. Additionally, CEO Philip Kelso has retired as of 22 January 2026, marking an end to his tenure that began in 2009. These changes are aimed at strengthening the company's leadership as it continues to develop oil and gas assets in Australia and seeks new ventures.
Key Points
  • Kane Marshall appointed as Independent Non-Executive Director and Chairman.
  • Robin Armstrong appointed as Independent Non-Executive Director.
  • Retirement of Non-Executive Directors Graham Reveleigh and Charles Ross.
  • Retirement of CEO Philip Kelso.
  • Focus on strengthening leadership for asset development and new ventures.
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.