Investing

BPH Global Raises $130,000 in Debt Funding

Published

BPH Global Limited (Company) announces that the Company has entered into loan agreements to raise $130,000 to provide short term funding to the Company pending completion of its proposed capital raising of up to $1,000,000. The proposed capital raising was approved by shareholders at a general meeting held on 24 May 2024.

Pursuant to the loan agreements, the four directors of the Company will each provide loan funding of $25,000 to the Company and a non-related party will provide an additional $30,000. The funds raised will be used for working capital purposes.

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