Can anyone shed some light on Bizzell Capital Partners Pty Ltd? I just realised Stephen G Bizzel is the director of another stock i have, LNY. the independent valuation(can not find) from BCP on BSM seemed a bit fishy. Was it a target price of 7cents?
ASX Announcement 18 September 2018 Bass Metals Limited (“Bass” or “the Company”, ASX Code: BSM) is pleased to announce that it has entered into a second underwriting agreement with Bizzell Capital Partners Pty Ltd (‘BCP’) to underwrite the exercise of a further portion of the Company’s listed option series (ASX: BSMOB). The underwriting agreement contains standard terms and conditions for an agreement of this nature including customary termination provisions. BCP will be paid an underwriting fee of 4.0% of the underwritten amount and will be issued 4 million options (exercise price $0.05 expiring 31 December 2020 (Fee Options).
anybody got a couriermail account? https://www.couriermail.com.au/business/entrepreneur-stephen-bizzell-has-suddenly-left-the-board-of-a-state-financial-agency-after-revelations-of-his-corporate-troubles/news-story/f25b95167213456373c14b0067fcea91&memtype=anonymous
BSM Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
