BPP babylon pump & power limited
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News: BPP Babylon Pump & Power Enters Agreement For Acquisition Of Primepower Queensland

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    26/07/19
    11:15
    Post #: 39705733

    July 26 (Reuters) - Babylon Pump & Power Ltd (BPP) :

    • ENTERED AGREEMENT FOR ACQUISITION OF PRIMEPOWER QUEENSLAND FOR UP TO $4.2 MILLION IN CASH
    • DEAL FOR INITIAL PAYMENT OF $1.7 MILLION IN CASH AND $0.6 MILLION IN BABYLON SHARES ISSUED AT 2.4 CENTS PER SHARE
    • INITIAL CASH PAYMENT OF $1.7 MILLION TO BE FUNDED VIA EXISTING CASH RESERVES & UNDERWRITTEN $1.5 MILLION SHARE PURCHASE PLAN
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0.000(0.00%) 		Mkt cap ! $19.03M
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No. Vol. Price($)
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0.6¢ 7571748 11
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