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BPH Energy Limited ( (AU:BPH) ) has issued an update.
BPH Energy Limited has announced a prospectus for the placement of up to 622,276,452 new options, priced at $0.001 each, to raise approximately $622,276. This offer is split into a Placement Offer and a Director Offer, and is intended for investors in Australia and New Zealand. The options are considered highly speculative, and the company advises potential investors to seek professional advice before investing. The prospectus is a transaction-specific document and does not include comprehensive financial details, as BPH Energy is already a disclosing entity under the Corporations Act. The company emphasizes that the offer is not extended to participants outside of Australia and New Zealand, and highlights its continuous disclosure obligations to the ASX.
More about BPH Energy Limited
Average Trading Volume: 2,445,350
Technical Sentiment Signal: Sell
Current Market Cap: A$10.98M
For detailed information about BPH stock, go to TipRanks’ Stock Analysis page.