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The latest announcement is out from BPH Energy Limited ( (AU:BPH) ).
BPH Energy has issued a supplementary prospectus updating its December 2025 capital-raising documentation to reflect a January placement to sophisticated investors, under which the company will issue 134,222,222 new shares at $0.009 each to raise about $1.208 million, along with one free attaching option per share exercisable at $0.03. The update also formalises additional option offers to placement participants and joint lead managers Oakley Capital Partners and 62 Capital, adjusts the offer timetable and key capital statistics, and is structured to remove trading restrictions on shares issued from the new options, potentially improving liquidity and flexibility for investors as the company progresses its funding plans.
The most recent analyst rating on (AU:BPH) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on BPH Energy Limited stock, see the AU:BPH Stock Forecast page.
More about BPH Energy Limited
BPH Energy Ltd is an Australian-listed investment company focused on oil and gas exploration and related energy technologies, providing capital to early-stage and development projects in the energy sector with a particular emphasis on resources and associated services.
Average Trading Volume: 2,652,952
Technical Sentiment Signal: Sell
Current Market Cap: A$13.42M
Learn more about BPH stock on TipRanks’ Stock Analysis page.