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BPH ENERGY LTD — Capital/Financing Update 2010
Dec 14, 2010
64555_rns_2010-12-14_de98c83f-266c-467a-b978-e37e9a716c2b.pdf
Capital/Financing Update
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15 December 2010
Companies Announcements Office Australian Securities Exchange Limited 10[th] Floor, 20 Bond Street SYDNEY NSW 2000
Dear Sir/Madam,
Capital Raising and Investment Update
The Directors of BPH Energy Limited (formerly BPH Corporate ) (“BPH” or the “Company”) wish to advise that the Company has successfully raised $ 11,514,920 before costs.
In accordance with the objectives of the Prospectus, BPH wishes to advise it has now agreed to acquire a further 11,520,000 shares in Advent Energy Limited ( Advent ) at a price of A$1.25 per share. This transaction increases the percentage of Advent held by BPH to 27.42%.
Yours Sincerely
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Deborah Ambrosini Director and Company Secretary
BPH Energy Limited ACN 95 912 002 PO Box 317, North Perth, Western Australia 6906 14 View Street, North Perth, Western Australia 6006 [email protected] www.biopharmica.com.au T: +61 8 9328 8366 F: +61 8 9328 8733