BP8 0.00% 0.3¢ bph global ltd

Ann: Pre-reinstatement disclosure, page-5

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    Completion of Placement
    SCU confirms that it has completed the share placement to raise $875,005 from sophisticated and
    professional investors by the issue of 145,834,319 shares to investors. The Company has received the
    placement monies, and shares have been allotted to investors.
    The placement shares were issued to investors under ASX listing rule 7.1.
    The investors will be entitled to be issued 1 free attaching Option for every 1 share subscribed for, subject
    to the Company obtaining shareholder approval for the issue of such Options. The Options have an
    exercise price of $0.01 and an expiry date of 4 years from their date of issue. The Company intends to call
    an Extraordinary General Meeting (EGM) to be held in May 2023 to approve the issue of such Options.


    BOOM alright!
    Splat even
 
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