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General Announcement::Use of Proceeds from the Rights Issue

General Announcement::Use of Proceeds from the Rights Issue
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BPH Energy Limited Quarterly Activities Report

BPH Energy Limited Quarterly Activities Report
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REPL::Rights::Voluntary | MarketScreener

REPL::Rights::Voluntary | MarketScreener
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BPH Energy Limited (ASX:BPH) Quarterly Activities Report - ABN Newswire (@ABN_Newswire)

BPH Energy Limited (ASX:BPH) Quarterly Activities Report

ASX:BPH) and its investees activities during the December 2020 quarter were as follows:
Equity
Subsequent to shareholder approval received at the Company s General Meeting held on 11 December 2020:
- 14,993,750 free attaching options to a July 2020 share placement with an exercise price of $0.05 per share and an expiry date of 29 July 2022 were issued. The lead manager to the share placement was also issued 2,000,000 listed options on the same terms.
- 13,502,467 shortfall shares (representing $202,537) together with 6,751,235 free attaching options under the August 2020 2 for 5 non-renounceable rights issue at $0.015 per share together with one free attaching option with an exercise price of $0.05 per share and an expiry date of 29 July 2022 for every two shares subscribed for, were issued in extinguishment of amounts owed to directors. A further 2,599,880 shares (representing $38,398) i ....

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